Workflow
McDonald's(MCD)
icon
Search documents
Yes, that Big Mac meal may cost $18 — but there's one good reason for it
Market Watch· 2024-02-09 20:48
If you’re hoping to gauge Americans’ lingering discontent with postpandemic price increases, look no further than the McDonald’s menu. You can find gripes on social media about a $5 chicken sandwich, $3 hashbrowns or a $5.50 Egg McMuffin, all of which some customers have called too pricey for a place known for cheap fast food. The price of a meal at the classic burger chain has even hit $18 at one location — that’s what a Big Mac combo meal will run you at a rest stop in the wealthy town of Darien, Conn.  I ...
Fed-Proof Your Portfolio: 3 Smart Stocks to Buy Now
InvestorPlace· 2024-02-08 18:25
Amid recent market volatility, certain growth stocks gained favor, but many deserving businesses remain overlooked. As 2024 becomes more welcoming for bullish investors, most investors also seek fresh opportunities in different stocks. Smart stocks that can outperform in times of uncertainty may trade at a higher premium, and are increasingly in higher demand.In recent years, the stock market has been facing much uncertainty. However, the S&P 500 surged roughly 20% over the past year. Long-term investors ma ...
Want More Income? These Dividend Stocks Can Pay You for Life
The Motley Fool· 2024-02-07 21:04
Investing in time-tested brands that people use every day is a proven way to grow wealth in the stock market. Many of these companies are so profitable they can reward their shareholders with regular dividend payments that grow over time.Here are two dividend stocks to buy right now that have a long record of paying extra income to investors.PepsiCoPepsiCo (PEP 0.01%) is one of the best dividend stocks to boost your income. It owns several snack food and beverage brands that people buy every day, including ...
Byron Allen loses $100M fraud lawsuit against McDonald's over ad spending: ‘Smear campaign'
New York Post· 2024-02-07 16:54
McDonald’s has defeated Byron Allen’s $100 million lawsuit, in which he accused the fast-food giant of lying when it pledged to increase national ad spend with black-owned outlets. A Los Angeles Superior Court judge dismissed the lawsuit filed by the media exec’s Allen Media on Sunday. Allen’s suit hinged on a specific interpretation of claims McDonald’s made in a 2021 press release outlining its promises to increase its spending with black-owned businesses overall. But the judge ruled that Allen’s legal m ...
McDonald's Corporation Demonstrates Commitment to Community Empowerment Through $1 Million Contribution to Operation HOPE's '1865 Project'
Prnewswire· 2024-02-07 15:13
ATLANTA, Feb. 7, 2024 /PRNewswire/ -- Operation HOPE today announced that McDonald's Corporation (NYSE: MCD) is deepening its partnership with the Atlanta-based non-profit as a 'Founder's Circle' member of The 1865 Project. McDonald's Corporation's generous contribution of $1 million, reaffirms the company's dedication to supporting national financial literacy initiatives that uplift and empower communities. The substantial donation will bolster Operation HOPE's groundbreaking endeavor, inspired by the hist ...
McDonald's Serves Up Sizzling Growth In 2023 And Tasty Valuation Given Growth Prospects
Seeking Alpha· 2024-02-07 13:17
Nathan Stirk/Getty Images News Investment Thesis McDonald's Corporation (NYSE:MCD) continues be a highly profitable business with both great topline and bottom-line growth characterizing their FY23. Despite a difficult macroeconomic backdrop, McDonald's managed to grow sales and margins thanks to efficient cost control and a great understanding of what customers want from the menu. When combined with a reasonable 8% undervaluation given a base-case scenario, I believe the firm's stock still makes for a comp ...
Why McDonald's is charging $18 for a Big Mac meal — and why there's no relief in sight
New York Post· 2024-02-06 21:37
Is the $18 Big Mac combo what finally broke America?Low-income customers making less than $45,000 per year have largely stopped ordering from McDonald’s, the fast-food giant’s chief executive Chris Kempczinski admitted Monday on an earnings call with Wall Street analysts.A Big Mac, fries and drink has risen to nearly $18 at a handful of locations while hash browns are up to $6.And it’s driven away customers fed up with inflation. Global same-store sales in the latest quarter had grown just 3.4%, falling sh ...
McDonald's Turns In Mixed Earnings as Middle East Boycotts Hit Sales; Stock Tumbles
Investopedia· 2024-02-05 20:55
Despite a fourth-quarter earnings beat from McDonald's Corp. (MCD) Monday, investors focused on the company missing its revenue estimates, sending the company's stock sharply lower.The international fast-food giant posted better-than-expected diluted earnings per share of $2.95 as revenue rose 8% from the year-ago period to $6.41 billion, which was slightly shy of expectations.The big concern for investors was the impact on sales from boycotts tied to the Israel-Hamas war. The company's International Develo ...
McDonald's CEO promises return to ‘affordability' amid backlash over $18 Big Mac combos, $6 hash browns
New York Post· 2024-02-05 19:25
McDonald’s CEO admitted the burger giant’s sales have taken a hit as jacked-up menu prices have turned off core customers — and signaled the chain plans to focus on “affordability” this year. The Chicago-based fast-food behemoth — which has lately taken heat over a Big Mac combo meal priced at $18 — said its global same-store sales in the latest quarter had grown just 3.4%, falling short of the 4.7% growth Wall Street had expected.The lackluster quarter — which the company also blamed on conflict in the Mi ...
中东冲突风险外溢!麦当劳和星巴克业务受到“重大冲击”
Cai Lian She· 2024-02-05 18:48AI Processing
财联社2月6日讯(编辑 牛占林)美国最大的两家餐饮公司麦当劳和星巴克都表示,以巴以冲突为中心的地缘冲突在去年底损害了它们的业绩,并认为未来几个季度将继续遭受负面冲击。 周一美股盘中,麦当劳股价跌逾4%,几小时前,该公司宣布,中东销售放缓是其第四季度营收下滑的原因之一。星巴克跌近1%,该公司此前将全年收入预期增长从之前的10%-12%下调至7%-9%。 两家美国餐饮公司均称中东冲突影响了他们的产品销售,并可能在未来几个季度继续影响需求。目前还不清楚其他餐饮公司是否也会出现类似的低迷。 当星巴克工人联合会(代表数百家该连锁店的工会咖啡馆)发布支持巴勒斯坦的推文后,引发了保守派的强烈反对。星巴克试图与工会删除的这条推文保持距离,并起诉工人联合会侵犯商标。 星巴克首席执行官拉克斯曼·纳拉西姆汉上周表示,该公司在中东的销售举步维艰,就连美国本土的咖啡馆也遭到了一些人的抵制,美国的客流量从去年11月中旬开始下滑。 周一发布的财报显示,麦当劳去年第四季度在中东地区的销售额下滑,原因是其在以色列的特许经营商向该国士兵提供折扣或免费餐食,引发了中东穆斯林民众对麦当劳餐厅的抵制行动。 不过,中东在其整体业务中所占的比重并不大。T ...