McDonald's(MCD)
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The Real Reason Yum! Brands Is Outperforming McDonald's Stock
MarketBeat· 2024-06-13 11:45
Some may call it corporate greed, and some may buy the media message, but the truth is that fast food isn’t cheap or quick. This CNBC short documentary covered some of the factors behind fast food price increases. However, it only covered one side of the equation, and investors should have access to the whole picture.The whole picture includes some corporate greed factors, as the issue doesn’t just lie with wage increases and commodity costs; it goes way beyond that. Investors—and consumers—should know that ...
McDonald's: A Top Dividend Growth Play
Seeking Alpha· 2024-06-13 09:56
Magdalena Wygralak McDonald’s (NYSE:MCD) is looking back on a 13-quarter streak of uninterrupted, comparable sales growth, despite high inflation weighing on consumer spending in the last two years. The fast-food chain is, despite headwinds, generating consistent, low-single digit growth in comparable revenues and continues to focus aggressively on expansion, both in the U.S. and abroad. I believe McDonald’s is set to benefit from moderating inflation -- a key catalyst for accelerating growth in system- ...
McDonald's (MCD) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-06-11 22:50
The most recent trading session ended with McDonald's (MCD) standing at $254.28, reflecting a +0.19% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.27%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.88%.Shares of the world's biggest hamburger chain witnessed a loss of 6.45% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 0.48% and the S&P 500's gain of 2.85%.Market participants will be clos ...
McDonald's (MCD) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-10 22:56
McDonald's (MCD) closed the most recent trading day at $253.81, moving -0.94% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.26%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 0.35%.The world's biggest hamburger chain's stock has dropped by 6.83% in the past month, falling short of the Retail-Wholesale sector's loss of 0.54% and the S&P 500's gain of 3.25%.Market participants will be closely following the financial results of ...
McDonald's loses Big Mac trademark case
Sky News· 2024-06-05 16:50
McDonald's has lost the EU trademark for use of the term "Big Mac" in relation to chicken sandwiches.The European Court of Justice (ECJ) upheld a complaint against the US fast food giant from Irish rival Supermac's. In 2017 Supermac's attempted to revoke McDonald's use of the term Big Mac, which the company had registered in 1996 for meat, fish and chicken sandwiches and a range of services at restaurants, including takeaway food and drive-through facilities.Generally the rights of a holder to an EU Tradema ...
McDonald's just lost its chicken Big Mac trademark following a European court ruling
Business Insider· 2024-06-05 16:18
McDonald's lost its chicken Big Mac trademark rights in the EU on Wednesday.The trading bloc's General Court ruled in favor of Supermac's, an Irish fast-food chain.Rival takeaway companies will now be able to use the term "Mac" to sell chicken-based products. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...
McDonald's loses ‘Chicken Big Mac' trademark in battle with Irish fast-food chain
New York Post· 2024-06-05 15:33
McDonald’s was stripped of trademark rights to the “Chicken Big Mac” in the European Union after not using the name for five consecutive years, the region’s second top court said on Wednesday,The decision by the Luxembourg-based General Court was a partial win for Irish rival Supermac’s in its long-running trademark dispute with the Chicago-based fast food giant.“The evidence which was submitted by McDonald’s does not provide any indication of the extent of use of the mark in connection with those goods, in ...
McBullish: Why McDonald's Stock Is a Tasty Treat for Investors in 2024
Investor Place· 2024-06-04 10:20
McDonald’s (NYSE:MCD) has a promising future ahead as it gears up to lower prices in 2024. McDonald’s stock recently demonstrated robust financial performance, driven by a multiple of factors. This includes its growing loyalty rewards program, menu innovations, and enhanced digital capabilities. Positive momentum will continue as the company introduces a price reduction strategy, which aims to attract a wider customer base and boost sales volume. With a focus on driving customer value and enhancing operatio ...
Why McDonald's (MCD) Outpaced the Stock Market Today
ZACKS· 2024-06-03 22:51
In the latest market close, McDonald's (MCD) reached $259.75, with a +0.33% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.11%. At the same time, the Dow lost 0.3%, and the tech-heavy Nasdaq gained 0.56%.Heading into today, shares of the world's biggest hamburger chain had lost 4.23% over the past month, lagging the Retail-Wholesale sector's gain of 3.26% and the S&P 500's gain of 5.06% in that time.The upcoming earnings release of McDonald's will be of great interes ...
Why Is McDonald's (MCD) Down 9.1% Since Last Earnings Report?
ZACKS· 2024-05-30 16:37
It has been about a month since the last earnings report for McDonald's (MCD) . Shares have lost about 9.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is McDonald's due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. McDonald’s Q1 Earnings Miss, Revenues Top Estim ...