McDonald's Corporation (MCD) is likely to benefit from strong comps growth, solid digital adoption and menu innovation. Also, the focus on pricing and Monopoly promotions bodes well. However, a challenging macro environment is a concern.Let’s discuss the factors that highlight why investors should retain the stock for the time being.Major Growth DriversMcDonald's continues to impress investors with robust comps growth. In fourth-quarter 2023, global comps increased 3.4% compared with a rise of 12.6% reporte ...

The Company also announced the nomination of Mike Hsu, Chairman and Chief Executive Officer of Kimberly-Clark Corporation, as an independent director of the Board. "It has been an honor to serve on the McDonald's Board and witness first-hand how the Company has evolved to become one of the world's most recognizable and successful brands," said Rick Hernandez, McDonald's Chairman of the Board. "As I reflect on my tenure with McDonald's, I'm inspired by the remarkable leaders with whom I've had the privilege ...

McDonald's (MCD) closed at $278.58 in the latest trading session, marking a -0.2% move from the prior day. This move lagged the S&P 500's daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.The world's biggest hamburger chain's shares have seen a decrease of 4.41% over the last month, not keeping up with the Retail-Wholesale sector's gain of 2.64% and the S&P 500's gain of 1.76%.The upcoming earnings release of McDonald's will be o ...

The "technology outage" that impacted McDonald's restaurants and the company's app on Friday underscores the fast-food giant's growing reliance on tech systems that are becoming increasingly common in the food service industry. Friday's outage impacted McDonald's locations across some of its global markets, including Japan, Australia and the United Kingdom, which forced many stores to temporarily accept only cash or shut down entirely in some cases. The company hasn't disclosed how widespread the outages we ...

IT之家 3 月 16 日消息，#麦当劳崩了#昨日成为微博头条热搜，事实上本次宕机事件并不仅仅影响国内，而是一个全球性的网络中断事件。 麦当劳表示本次事件并非由于网络攻击，而是第三方服务提供商的配置更改导致的。公司首席信息官布莱恩・赖斯（Brian Rice）发布声明，IT之家翻译部分内容如下： 目前受影响的很多市场已经重新上线，其他市场也在恢复上线的过程中。我们正密切合作，尽快恢复所有系统上线。 值得注意的是，这个问题并不是由网络安全事件直接造成的，而是由第三方供应商在更改配置时造成的。 麦当劳通过公司的 OTP 门户网站向员工发送了一条单独的信息，称问题正在得到解决，所有受影响的门店和系统都已恢复在线。 报告称本次宕机事件除了中国之外，还影响美国、英国、日本、澳大利亚、加拿大、荷兰、意大利和新西兰等全球麦当劳餐厅。 麦当劳表示：“我们知道发生了技术故障，影响了我们的餐厅；现在问题正在解决中”。 IT之家注：国内麦当劳的点餐系统已经于昨日下午 4 点 14 分全面恢复了。 相关阅读： 《（更新：官方系统已恢复）麦当劳小程序 / App 突发崩溃，多家餐厅无法线上点单》 广告声明：文内含有的对外跳转 ...

The federal government wants to make it legal for McDonald’s franchise owners to use a third-party hacking device to fix chronically broken ice cream machines after the fast-food giant was sued because it didn’t allow them to do so.The Federal Trade Commission and the antitrust unit of the Department of Justice are asking the US Copyright Office to approve an exemption to copyright law that would allow business owners to repair “commercial and industrial equipment.”The feds said that not allowing business o ...

Key TakeawaysMcDonald's restaurants in a number of countries experienced what the company is calling a "technology outage" Friday.Locations in Japan, Australia, and other countries reported issues with self-ordering kiosks.Some restaurants closed, while others transitioned to taking orders with a pen and paper, only accepting cash. McDonald's (MCD) suffered a widespread "technology outage" Friday across a number of countries, from Australia to the U.K. and Japan, among others. Some locations closed due to t ...

McDonald's Corp (NYSE:MCD) stores in the U.K., Australia, New Zealand, and Japan suffered a technology outage that reportedly left customers able to pay only in cash, while employees took orders on paper, and some locations suspended operations. The fast food giant said it was working to address the issue, and that it was not related to a cyberattack.MCD is down 0.4% at $280.50 ahead of the open, pacing for a third-straight daily drop after slipping below support from the 100-day moving average. Shares are ...

A sign for the U.S. fast food restaurant chain McDonald's is seen outside one of their restaurants in Sint-Pieters-Leeuw, near Brussels, Belgium March 4, 2024.McDonald's suffered a system failure on Friday that left many customers in many parts of the world unable to order food.A spokesperson for the Australian unit of the fast food chain reportedly said it was working to resolve the issue as soon as possible. McDonald's Japan took to social media site X to say that operations at stores nationwide were temp ...

ToplineFast food giant McDonald’s has been hit by a major systems failure on Friday, throwing the popular chain into disarray mostly across Europe and Asia Pacific as the outage forced it to shut stores and suspend orders through its app.McDonald's has suffered a tech outage affecting operations across Asia Pacific and Europe.Getty Images Key FactsThe system failure appears to have affected customers in areas around the world including Australia, New Zealand, Japan, Hong Kong, the U.K., Sweden, Germany, Aus ...