McDonald's pulls back on promotions and earnings fall short, shares down 4% [CNBC]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: CNBC
McDonald's pulls back on promotions and earnings fall short, shares down 4% For the first time in two years, McDonald's Shares of the company fell 4% in morning trading. McDonald's stock, which has a market value of $156 billion, is up 14% so far this year. But those gains trail the stock of Burger King's parent company Restaurant Brands International Wendy's Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: McDonald's U.S. business, which accounts for more than a third of the company's total revenue, stumbled after ending one of its nationwide limited-time value deals, the 2 for $5 Mix and Match promotion. In the first half of the year, the Chicago-based company pointed to the promotion as a key sales driver. The burger chain unveiled another promotion — buy one, get one for $1— for core menu items like Big Macs and Filet-O-Fish in mid-August. The deal tends to be pricier than the 2 for $5 promotion, accordin
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BYND
Earnings
- 2/27/24 - Miss
BYND
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 3
- BYND's page on the SEC website