Chick-fil-A is selling merchandise for the first time ever [CNN]
McDonald's Corporation (MCD)
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Source: CNN
New YorkCNN If your holiday wish list includes aChick-fil-AThe chicken chain has launched itsfirst-ever online storeChick-fil-A said it expects the products, which range from $15 to $75, to “sell out quickly” — and the chain is already planning for more merchandise next year. It’s the first time the company has sold branded clothing and gifts, though it has sold itsmuch-beloved sauces at grocery storesIt’s just one way fast-food chains have recently been expanding their product range beyond food as a way tocreate buzz and excite fansChick-fil-A is selling merchandise for the first-time ever.The approach is “another avenue for companies like McDonald’s to do this outside of TV [ads],” Andrew Charles, restaurant sector analyst with Cowen, recently told CNN , adding that the aging brands need a way to attract younger customers so selling buzzy merch is a “home run.”(MCD)Cactus Plant Flea Market toysOctober earnings callholiday promotion.Chipotle(CMG)quickly sold outIt’s not just branded
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MCD
News
- Starbucks, Chipotle, McDonald's: Who's raising prices in California to pay higher wages [Los Angeles Times (CA)]Los Angeles Times
- 25% Food & Dining Inflation Indicates Recession [Forbes]Forbes
- Dine Brands wants to diversify franchising [Yahoo! Finance]Yahoo! Finance
- McDonald's (MCD) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- McDonald's Co. (NYSE: MCD) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $330.00 price target on the stock.MarketBeat
MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 4
- 3/20/24 - Form PRE
- MCD's page on the SEC website