UPDATE 1-McDonald's to pause U.S. reopening of dine-in services by 21 days [Reuters]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Reuters
McDonald's to pause U.S. reopening of dine-in services by 21 days (Reuters) - McDonald’s Corp ( MCD.N ) plans to pause the reopening of its dine-in service in the United States by 21 days as the number of coronavirus cases rise in the country, according to a letter seen by Reuters. The fast-food chain, that saw a 30% dip in global sales in the first two months of the current quarter, has been hurt by the shut down of its restaurants. During the coronavirus-induced lockdowns, fast-food restaurants had to limit operations, leading to lower sales. Nearly 99% of McDonald’s restaurants in the U.S. remain open for drive through, delivery and take-out options. New cases in the United States have been rising and several states at the center of a new surge in infections have taken steps back from efforts to ease restrictions on businesses. “Our resiliency will be tested again. COVID-19 cases are on the rise – with a 65 percent increase in infections over the last two weeks,” Joe Erlinger, Mc
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MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 4/30/24 - Form 8-K
- 4/29/24 - Form PX14A6G
- 4/23/24 - Form 144
- MCD's page on the SEC website