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Stock impact report

The chain has closed restaurants in five Chinese cities as the coronavirus continues to spread [CNNMoney.com]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: CNNMoney.com
McDonald's closes restaurants in five Chinese cities because of the coronavirus New York (CNN Business) McDonald's has closed restaurants in five Chinese cities and is implementing new health protocols in the region as the deadly coronavirus continues to spread. On Friday, the company shuttered locations in Wuhan , Ezhou, Huanggang, Qianjiang and Xiantao — all cities that have been impacted by the Chinese government's travel restrictions, company spokesperson Barry Sum told CNN Business in an email. At least 10 cities in central Hubei province are facing travel restrictions, including Wuhan, where this strain of coronavirus originated. "McDonald's restaurant operation in Hubei province runs normally in cities where public transportation is available," Sum said. "Staff and customers' safety is our first priority and we have comprehensive, precautious measures being implemented to all restaurant operations and office staff." It's not clear when the affected restaurants will reopen. Show less Read more
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