Asia-Pacific Foodservice Report 2024: Market Size and Trends by Profit and Cost Sector Channels, Players and Forecasts 2017-2027 [Yahoo! Finance]
McDonald's Corporation (MCD)
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Source: Yahoo! Finance
The report provides extensive insight and analysis of the Asia-Pacific Foodservice market over the next five years (2022-27) and acts as a vital point of reference for operators or suppliers. Total revenue in the Asia-Pacific profit sector reached $1.5 trillion in 2022, showing gradual decline with a compound annual growth rate (CAGR) of 2.2% from 2017-22.. The economic slowdown in the wake of the COVID-19 pandemic brought the sector's value down significantly in this period. During 2017-22, the travel channel registered a steep decline in value sales, falling at a negative CAGR of 11.8%, due to limited consumer footfall amid COVID-19 restrictions and challenging economic conditions. QSR led the profit sector in terms of number of transactions in 2022. Despite challenging macroeconomic conditions across the region, the channel's number of transactions declined only slightly over 2017-22. Scope The QSR channel was relatively more resilient during 2017-22 than all other profit
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News
- McDonald's Corporation (NYSE:MCD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- McDonald's Co. (NYSE: MCD) had its price target lowered by analysts at JPMorgan Chase & Co. from $300.00 to $290.00. They now have an "overweight" rating on the stock.MarketBeat
- McDonald's Co. (NYSE: MCD) had its price target lowered by analysts at KeyCorp from $315.00 to $310.00. They now have an "overweight" rating on the stock.MarketBeat
- KFC Owner's Sales Fall for First Time Since 2020 [Yahoo! Finance]Yahoo! Finance
- McDonald's Co. (NYSE: MCD) had its price target lowered by analysts at Robert W. Baird from $305.00 to $300.00. They now have an "outperform" rating on the stock.MarketBeat
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