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Stock impact report

Restaurant Stocks: How Bad Is It Going to Get? [The Motley Fool]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: The Motley Fool
McDonald's(NYSE:MCDStarbucksNASDAQ:SBUXWith nearly all restaurants in the United States (97%) operating under some sort of restrictions -- they're generally only able to offer delivery, drive-through, and curbside pickup -- some chains have been hit harder than others."Prior to the COVID-9 outbreak, on-premise dining represented % of restaurant industry dollars, and off-premise, like carry out, drive-through, and delivery, represented 8% of dollars," according todataDigital orders accounted for % of all off-premises orders in the previous months.Investing in tech has helped McDonald's. Image source: McDonald's.How bleak is it?Overall restaurant transactions were down % in the week ending March. Some types of restaurants are doing better than others, though, like chains that had already invested in "off-premise business, like drive-through, carry-out, and delivery."Quick-service restaurants, which generally offer drive-through, saw overall transactions drop by 0%. Full-service eaterie Show less Read more
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