UPDATE 2-McDonald's pulls forecast as coronavirus outbreak hits quarterly sales [Reuters]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Reuters
McDonald's pulls forecast as coronavirus outbreak hits quarterly sales (Reuters) - McDonald’s Corp ( MCD.N ) posted a steeper-than-expected decline in first-quarter comparable store sales and the burger chain pulled its full-year forecast as coronavirus-led lockdowns forced it to shutter stores and stick to delivery or take-out. The company - one of the first major quick-service chains to provide a glimpse into the impact of the health crisis - said on Wednesday it had raised $6.5 billion in the quarter and suspended share buybacks to bolster its cash reserves. McDonald’s March comparable sales tumbled 22.2% globally and 13.4% in the United States, as authorities imposed lockdowns and strict travel curbs to contain the spread of the virus, which has infected more than 1.3 million and killed over 81,000 globally. About 75% of McDonald’s 38,000 restaurants around the world were operational during the quarter, the majority of which adapted to focus on drive-thru, delivery or take-away,
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News
- Affordability isn't enough. Fast-casual restaurants need a fandom-first approach [Fortune]Fortune
- Jim Cramer Says “Buy, Buy, Buy the Stock of McDonald's” [Yahoo! Finance]Yahoo! Finance
- The Recession-Resistant Playbook: How Franchises Can Stay Strong In Uncertain Times [Forbes]Forbes
- McDonald's Corporation (NYSE:MCD) is largely controlled by institutional shareholders who own 74% of the company [Yahoo! Finance]Yahoo! Finance
- I left consulting to begin teaching at Dartmouth right before the release of ChatGPT. Disruption is always messy—and there's always a twist [Fortune]Fortune
MCD
Earnings
- 11/5/25 - Miss
MCD
Sec Filings
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- 11/26/25 - Form 4
- MCD's page on the SEC website