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McDonald's Will Resume Sale Of Quarter Pounders After Testing Finds No E. Coli In Beef Samples
Forbes· 2024-10-28 07:28
Topline McDonald's will resume sale of its Quarter Pounder burgers, the company announced Sunday, after testing by authorities in Colorado ruled out the company's beef patties as the source of a large E. coli outbreak that resulted in one death and caused illnesses among at least 75 others across multiple states. McDonald's will resume the sale of its quarter pounder burgers after testing ruled out its beef ... [+] patties as a potential source of an E. coli outbreak. Getty Images Key Facts In a statement, ...
McDonald's rules out beef patties as source of E. coli outbreak
New York Post· 2024-10-28 00:44
McDonald's on Sunday ruled out beef patties as a source of the E. coli outbreak linked to Quarter Pounder hamburgers, which has killed at least one person and sickened nearly 75 others. "We remain very confident that any contaminated product related to this outbreak has been removed from our supply chain and is out of all McDonald's restaurants," the fast-food chain's Chief Supply Chain Officer Cesar Pina said in a statement. McDonald's will resume distribution of fresh supplies of the Quarter Pounder and t ...
McDonald's Quarter Pounder burgers to return to restaurants affected by E. coli outbreak
CNBC· 2024-10-27 23:09
Core Points - The E. coli outbreak linked to McDonald's has resulted in 75 cases across 13 states, with 22 hospitalizations and one reported death [3][4] - McDonald's has identified slivered onions as the likely source of the outbreak and has ceased using Taylor Farms as a supplier for this ingredient [2][3] - The company is working to reintroduce the Quarter Pounder burgers in a phased manner, with approximately 900 restaurants expected to have the item back on the menu soon [2][3] Company Response - McDonald's USA President Joe Erlinger issued an apology to customers expressing concern over the outbreak [4] - The company is actively communicating with its beef suppliers to ensure a new supply of fresh beef patties for the Quarter Pounders [3] - The company has experienced a 7% decline in share price since the outbreak was linked to its restaurants [4] Operational Impact - Affected restaurants, which represent about 20% of McDonald's U.S. locations, will serve Quarter Pounders without slivered onions until further notice [2] - The outbreak occurred during a period when McDonald's typically sells around one million Quarter Pounders in the affected region over two weeks [3]
McDonald's Stock Plunged Following an E. coli Outbreak.
The Motley Fool· 2024-10-27 09:10
Investors should not necessarily look to Chipotle's example when deciding what to do. McDonald's (MCD -2.97%) stock has plunged following the release of some very concerning news. An E. coli outbreak involving its famous Quarter Pounder burgers spooked investors, and that sent the stock plummeting by 5% in the following trading session. The question for investors is how it affects the stock. Although Chipotle (CMG) recovered from a similar outbreak when it won back customers' confidence, investors should no ...
Should You Buy, Hold, or Sell McDonald's Stock Ahead of Q3 Earnings?
ZACKS· 2024-10-25 17:46
McDonald's Corporation (MCD) is slated to report third-quarter 2024 results on Oct. 29, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the second quarter of 2024, MCD reported dismal reports with adjusted earnings per share and revenues missing the Zacks Consensus Estimate by 3.6% and 2.4%, respectively. Both the metrics declined year over year by 6% and 0.1%, respectively. The results reflected softer global comps trends due to restrictive consumer spend ...
McDonald's E. coli outbreak is getting worse, with at least 75 people infected
Business Insider· 2024-10-25 17:20
The E. coli outbreak cases linked to McDonald's have widened to include 75 people in 13 states.The CDC said it expects the real number to be higher, and that it can take weeks to identify a case.Slivered onions from a McDonald's supplier are under investigation, leading to recalls at other brands. 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! Go to newsletter preferences Thanks for signing up! Access ...
Dozens more sickened from E.Coli outbreak linked to McDonald's Quarter Pounders
New York Post· 2024-10-25 16:10
The deadly E.Coli outbreak linked to McDonald’s Quarter Pounder hamburgers grew worse Friday as an additional 26 people were found to have been infected — raising the total to 75, according to federal health officialsThe infections had killed one person, and hospitalized 10 across the West and Midwest, the CDC had said on Tuesday.The new infections include 12 additional hospitalizations and expanded the outbreak to three new states, according to the agency. No additional deaths have been reported beyond the ...
What McDonald's needs to do next after E. coli outbreak
CNBC· 2024-10-25 12:00
In this article MCD In this photo illustration, a McDonald's Quarter Pounder hamburger meal is seen at a McDonald's on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images As McDonald's and health authorities race to contain a deadly E. coli outbreak, the burger chain faces challenges in the months ahead to keep the trust of diners and investors. Shares of the fast-food giant have fallen 5% since the Centers for Disease Control and Preven ...
US fast-food giants pull ingredient after deadly McDonald's E.coli scare
Sky News· 2024-10-25 07:47
Fast-food giants have pulled fresh onions from their menus in the US after a McDonald's E.coli outbreak that killed one person and left 49 others sick.McDonald's, as well as its rivals including Burger King, KFC, Pizza Hut and Taco Bell, have all taken action, removing fresh onions from their menus in select US branches. The ingredient is believed to be the likely source of the outbreak that led to McDonald's removing the quarter pounder from one-fifth of its US restaurants.The onions are said to have come ...
Yum Brands pulls onions from select Taco Bell, KFC and Pizza Hut locations after McDonald's E. coli outbreak
CNBC· 2024-10-24 18:16
A sign is posted in front of a Taco Bell restaurant on May 01, 2024 in Richmond, California.Yum Brands has pulled onions from some Taco Bell, KFC and Pizza Hut locations following an E. coli outbreak tied to McDonald's."As we continue to monitor the recently reported E. coli outbreak, and out of an abundance of caution, we have proactively removed fresh onions from select Taco Bell, Pizza Hut and KFC restaurants," a Yum Brands spokesperson said in a statement to CNBC. "We will continue following supplier an ...