McDonald's Faces Fed-Up Franchisees Decrying ‘Destructive Path' [BNN Bloomberg (Canada)]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
Check Earnings Report
US:NYSE Investor Relations:
corporate.mcdonalds.com/mcd/investors.html
Company Research
Source: BNN Bloomberg
Squeezed by higher costs and grumbling at new operating rules, franchisees are joining a meeting this month with the company's board to press their case in person. The session will give US operators “an opportunity to share with the board of directors why we believe we are on a destructive path,” one group of owners said in an emailed newsletter to about 1,000 members. The discontent represents a risk to McDonald's growth plans, said John Gordon, principal at Pacific Management Consulting Group, a restaurant and franchisee adviser. If this unrest leads longtime franchisees to “hang up the towel,” then it's an “inherent operating risk” for McDonald's because replacement franchisees may not be as well capitalized, he said. Newer franchisees would likely face higher borrowing costs, he added. McDonald's says that its longstanding relationships with lenders allows the company to connect franchisees with competitive financing options for growth. In an emailed statement, it acknowledge
Show less
Read more
Impact Snapshot
Event Time:
MCD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCD alerts
High impacting McDonald's Corporation news events
Weekly update
A roundup of the hottest topics
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