UPDATE 3-McDonald's pulls forecast as coronavirus outbreak hits 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 sales (Reuters) - McDonald’s Corp ( MCD.N ) global comparable sales tumbled 22.2% in March and the burger chain pulled its full-year forecast as coronavirus-related 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 economic 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. It provided the update, including quarterly sales results, ahead of its planned earnings announcement on April 30. In March in the United States, when COVID-19 cases began to skyrocket, McDonald’s sales fell 13.4% as authorities asked people to stay home and required dining rooms to shutter to curtail the spread of the virus. It has now infected more than 1.3 million and killed over 81,000 globally. About 75% of McDonald’s 38,000 restaurants around the wor
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MCD
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