America may just have chain restaurants left open after COVID-19: celebrity chef [Yahoo! Finance News]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance News
With no relief package appearing on the horizon to combat the financial hit brought on by the COVID-19 pandemic, the mom-and-pop restaurants that bring flavor to neighborhoods nationwide risk being replaced in life after the pandemic.Their replacement: another cookie cutter Taco Bell or McDonald’s MCD“We have to have a bailout [of the restaurant industry],” said celebrity chef and owner of restaurant Blue Dragon Ming Tsai onYahoo ’s The First TradeBack in early April at the height of COVID-19 related state lockdowns that sent shockwaves through the restaurant industry,Tsai told Yahoo A brief period of optimism in May and June for restaurants emerged as states reopened and people returned to outside bars and tables. Sales at restaurants bounced to $38.6 billion in May, per the latest from the Census Bureau. Employment at food service and drinking places rose by 1.5 million jobs in both in May and June, according to the Bureau of Labor Statistics.But with COVID-19 infection counts back
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MCD
News
- McDonald's (MCD) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Major Moves Mean Major Gains for Large Caps [Yahoo! Finance]Yahoo! Finance
- A third Whataburger in Charlotte? Records show latest expansion for Texas burger chain [Yahoo! Finance]Yahoo! Finance
- Customer Calls Out McDonald's Pricing After Being Charged $25 For 'Deal' Following California Wage Increase: ‘The New Normal' [Yahoo! Finance]Yahoo! Finance
- Employers boost recruitment of temporary foreign workers, despite softer labour market [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/23/24 - Form 144
- 4/23/24 - Form 4
- 4/18/24 - Form PX14A6G
- MCD's page on the SEC website