McDonald's(MCD)

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McDonald's CEO shares prediction that 2025 will be ‘another challenging year'
New York Post· 2024-10-11 15:27
McDonald’s anticipates that 2025 will be “another challenging year” for the fast food chain which has seen inflation-hit customers pare back discretionary spending.Chris Kempczinski, the company’s chief executive officer, told a business gathering in Boston on Thursday that the Big Mac maker is girding for more turbulence ahead.“We’re starting to talk about 2025, and my message to our teams has been: ‘We need to be preparing for another challenging year’,” Kempczinski said in remarks at a Boston College Chi ...
Delta Selected to Provide Ultra-fast 200kW DC EV Chargers for IZIVIA FAST's Charging Network at McDonald's France
Prnewswire· 2024-10-09 08:30
PARIS, Oct. 9, 2024 /PRNewswire/ -- Delta, a global leader in power management and a provider of IoT-based smart green solutions, announced today its 200kW DC ultra-fast EV charger UFC 200 series has been selected to support IZIVIA FAST*, a company currently deploying ultra-fast chargers across more than 700 McDonald's restaurant car parks throughout France. Approximately 800 units of Delta UFC 200 are expected to be deployed to provide McDonald's customers with excellent ultra-fast charging infrastructure ...
McDonald's french fries supplier suddenly shutters factory, slashes job
New York Post· 2024-10-08 18:08
A major McDonald’s french fries supplier is slashing jobs as cash-strapped customers steer clear of the fast food industry amid inflated prices.Lamb Weston, the largest producer of french fries in North America, announced last week that it is cutting 4% of its global workforce and curtailing production lines following a dismal earnings report, as first reported by CNN.The Eagle, Idaho-based company closed a plant in Connell, Wash., on short notice — resulting in the loss of 375 jobs, according to NBC NonSto ...
1 Magnificent S&P 500 Dividend Stock Up 3% to Buy and Hold Forever
The Motley Fool· 2024-10-05 22:12
It pays a higher yield than the wider market and is on sale right now.The rallying market has lifted the valuation of dividend stocks in 2024 while simultaneously lowering their yields. Those trends have made it harder for income investors to find attractive values. The S&P 500, which is packed with quality dividend payers, jumped 21% through late September and yields just 1.3 %.Dividend investors can do better than that.There's one member of that index that's priced at about the same level it was when 2024 ...
McDonald's Lags Industry P/E: Is the Stock a Bargain Buy or Red Flag?
ZACKS· 2024-09-30 14:11
McDonald's Corporation (MCD) stock is trading below the Zacks Restaurant industry. With a forward 12-month Price/Earnings ratio of 24.58x, it lies below the industry's average of 25.28x. Despite this, MCD is priced higher than the broader Retail-Wholesale sector, valued at 23.94x and the S&P 500, which averages 21.98x.Year to date, McDonald's shares have posted a modest 2.4% gain, trailing behind the restaurant industry's 4.6% growth and significantly underperforming the broader S&P 500's impressive 20.5% ...
McDonald's Increases Dividend by 6% to Reward Its Investors
ZACKS· 2024-09-26 13:45
McDonald’s Corporation (MCD) announced a 6% increase in its quarterly cash dividend. This was a strategic move to reaffirm the company’s commitment to its shareholders. MCD declared a dividend of $1.77 per share of common stock, payable on Dec. 16, 2024, to its shareholders of record as of Dec. 2.This marks yet another sign of McDonald's continued confidence in its "Accelerating the Arches" growth strategy and the company’s ability to generate sustainable long-term profitability.The 6% increase brings the a ...
McDonald's just raised its dividend by this much
Finbold· 2024-09-26 13:32
Late on Wednesday, September 25, the fast food giant McDonald’s (NYSE: MCD) offered its investors a welcome surprise: a hefty dividend yield increase.To be precise, the restaurant chain increased its dividends by 6%, meaning its yield now stands at 2.35% instead of the previous 2.22%. The 48th annual increase in a row has sent the quarterly payments from $1.67 per share to $1.77 and the annual figure to $7.08, based on the September 25 closing price of $300.47. McDonald’s stock dividend history chart. Sourc ...
Why the Market Dipped But McDonald's (MCD) Gained Today
ZACKS· 2024-09-25 22:55
McDonald's (MCD) ended the recent trading session at $300.47, demonstrating a +0.07% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.04%.Prior to today's trading, shares of the world's biggest hamburger chain had gained 3.67% over the past month. This has lagged the Retail-Wholesale sector's gain of 6.04% and outpaced the S&P 500's ...
Here's Why McDonald's (MCD) Gained But Lagged the Market Today
ZACKS· 2024-09-19 22:51
The most recent trading session ended with McDonald's (MCD) standing at $293.85, reflecting a +0.62% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.7% gain on the day. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%.The world's biggest hamburger chain's stock has climbed by 0.8% in the past month, falling short of the Retail-Wholesale sector's gain of 4.02% and the S&P 500's gain of 1.27%.Investors will be eagerly watching for the performance ...
McDonald's: $5 Meal Deal A Bargain, But Shares Fully Priced
Seeking Alpha· 2024-09-19 18:16
McDonald’s (NYSE: MCD ) is doubling down on its value meal promotion. The $5 meal deal was an apparent success to draw in cost-conscious consumers as inflation, while slowing, remains uncomfortably high for households. The team at Goldman Sachs recently put outFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. ...