McDonald's(MCD)

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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 ...
McDonald's supplier recalls onions linked to deadly E. coli outbreak
New York Post· 2024-10-24 16:56
A McDonald’s supplier recalled yellow onions produced in a Colorado plant in response to a deadly E. coli outbreak at the fast food chain.Taylor Farms, which supplies onions to McDonald’s franchises that are the subject of a multi-state investigation by health authorities, said it was pulling products “out of an abundance of caution” and that it did not find traces of E. coli as of Wednesday.The Food and Drug Administration has pointed to Taylor Farms onions as “a likely source of contamination.” 4 A com ...
Gear Up for McDonald's (MCD) Q3 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-24 14:21
The upcoming report from McDonald's (MCD) is expected to reveal quarterly earnings of $3.17 per share, indicating a decline of 0.6% compared to the year-ago period. Analysts forecast revenues of $6.78 billion, representing an increase of 1.4% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings announcement, it i ...
First Lawsuit Filed Against McDonald's Over E. Coli Outbreak
Forbes· 2024-10-24 13:57
ToplineA Colorado resident has accused McDonald’s of negligence after he tested positive for E. coli shortly after consuming food from the fast food chain, his attorney says, marking the first lawsuit against McDonald’s since the company’s hamburgers were linked to an outbreak of the bacterial infection, resulting in some hospitalizations and at least one death.A Colorado man accused the fast food chain of negligence after testing positive for the bacterial ... [+] infection.Getty Images Key FactsEric Stell ...
McDonald's boss vows to improve safety as E. coli cases expected to rise
New York Post· 2024-10-24 11:21
McDonald’s scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others, as it pulled the menu item from restaurants across a dozen states.The outbreak has sickened people across the US West and Midwest, with 10 hospitalized due to serious complications, according to the US Centers for Disease Control and Prevention (CDC), which is investigating the outbreak.A McDonald’s spokesperson said the outbreak is limi ...
McDonald's Q3 Preview: Don't Worry About E. Coli, It's An Automation Play
Seeking Alpha· 2024-10-23 21:07
This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...
McDonald's pulls Quarter Pounders from 20% of all US locations after deadly E. Coli outbreak
New York Post· 2024-10-23 20:46
McDonald’s yanked Quarter Pounders at roughly one-fifth of its US locations after a deadly E.Coli outbreak was linked to the popular burger, the company said Wednesday. Federal agencies announced Tuesday that one person had died in Colorado and 49 others were sickened in 10 states across the Midwest and WestThe nation’s largest fast-food chain said Wednesday that it is confident the culprit of the outbreak were slivered onions atop the Quarter Pounder. 3 McDonald’s has yanked Quarter Pounders in states w ...
What Wall Street Analysts Are Saying About McDonald's Link To E. Coli Outbreak
Investopedia· 2024-10-23 18:35
Key TakeawaysMcDonald's stock fell Wednesday, a day after the CDC announced it had linked an E. coli outbreak to the chain's Quarter Pounders.However, analysts said they think the impact on the fast-food giant's stock and sales likely will be short-lived.Analysts said McDonald's is better equipped to handle supply-chain shifts than companies that endured other outbreaks, like Chipotle in 2015. Analysts believe any impact from a recent E. Coli outbreak to McDonald's (MCD) sales and stock price likely will be ...
US map shows the 10 states with E. coli cases linked to McDonald's Quarter Pounders
New York Post· 2024-10-23 17:43
A map from the Centers for Disease Control and Prevention shows the states in which people have fallen ill after eating McDonald’s Quarter Pounder burgers and contracting E. coli.An outbreak of E. Coli that sickened 49 people and killed one across 10 states was first linked to the Golden Arches’ famous hamburgers on Tuesday evening.Colorado and Nebraska are the states with the highest number of confirmed cases. At least 26 people have fallen ill in Colorado, including one older adult who died, the CDC said. ...
McDonald's Stock Jumps 24% in 3 Months: Should You Buy, Sell or Hold?
ZACKS· 2024-10-23 16:30
McDonald's Corporation (MCD) has gained 24.2% in the past three months, outperforming the Zacks Retail - Restaurants industry, the Zacks Retail-Wholesale sector and the S&P 500 Index, which rose 20.4%, 10.7% and 7.4%, respectively.Image Source: Zacks Investment ResearchThe company is benefiting from its focus on enhancing customer experiences through its 4D Growth strategy and increased global franchise units. This, alongside an effective capital allocation strategy, has added to the uptrend, given its focu ...