Profile
Sector:
Consumer CyclicalIndustry:
RestaurantsCountry:
United StatesIPO:
21 April 1965Website:
http://www.mcdonalds.comNext earnings report:
N/ALast dividends:
03 September 2024Next dividends:
02 December 2024Price
after hours | Thu, 31 Oct 2024 23:59:59 GMTAnalysts recommendations
Institutional Ownership
MCD Latest News
McDonald's (MCD) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
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The outbreak was initially reported on October 22, and on Wednesday, the CDC announced that 27 individuals have been hospitalized as a result of it.
McDonald's has reported that it is experiencing slow customer visits for two consecutive quarters, particularly from lower-income customers. The company is taking steps to address this issue. Here’s what they are planning to do.
Value meals played a significant role in improving McDonald's sales in the U.S. during the third quarter. However, this recovery might be affected in the last months of the year due to an E. coli outbreak linked to the Quarter Pounder hamburgers.
Fast-food restaurants reported a decline in customer visits during the first half of the year. According to McDonald's executives, this issue is still ongoing.
On Tuesday, customers filed a proposed class action lawsuit against McDonald's due to the E.coli outbreak associated with onions in their Quarter Pounders.
There are many myths and misconceptions about technical analysis. A lot of analysts tend to complicate things too much.
McDonald's reported that their daily sales dropped because some customers chose not to visit their restaurants during the E. coli outbreak.
McDonald's Corporation (NYSE:MCD) will hold its Q3 2024 Earnings Conference Call on October 29, 2024, at 8:30 AM ET. The call will feature company representatives including Scott Meader, Chris Kempczinski, and Ian Borden, along with various participants from financial institutions. Please note that this conference is being recorded at McDonald's request.
What type of business is McDonalds?
McDonald's Corporation operates and franchises McDonald's restaurants. Its restaurants offer a variety of food and drinks, as well as breakfast options. As of December 31, 2019, the company operated 38,695 restaurants. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.
What sector is McDonalds in?
McDonalds is in the Consumer Cyclical sector
What industry is McDonalds in?
McDonalds is in the Restaurants industry
What country is McDonalds from?
McDonalds is headquartered in United States
When did McDonalds go public?
McDonalds initial public offering (IPO) was on 21 April 1965
What is McDonalds website?
https://www.mcdonalds.com
Is McDonalds in the S&P 500?
Yes, McDonalds is included in the S&P 500 index
Is McDonalds in the NASDAQ 100?
No, McDonalds is not included in the NASDAQ 100 index
Is McDonalds in the Dow Jones?
Yes, McDonalds is included in the Dow Jones index
When was McDonalds the previous earnings report?
No data
When does McDonalds earnings report?
Next earnings report date is not announced yet