Grocery prices are finally falling [CNN]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: CNN
Grocery prices retreated 0.2% from March to April, adjusted for seasonal swings, according to inflation data released Wednesday by the Bureau of Labor Statistics. But on the other end, food prices at restaurants rose 0.3% in that period. Food prices overall were flat as a result. The dip, while small, is a welcome reversal. Grocery prices began soaring at the start of the pandemic, far outpacing overall inflation for years as supply chains snarled, the war in Ukraine affected global crop exports extreme weather damaged yields and corporations took an opportunity to pad prices . But back in February, overall food prices remained flat for the first time since April 2023. And now they've actually gone down, even if only slightly. Still, grocery prices are higher than they were a year ago. In the 12 months through April, prices rose 1.1%. But overall inflation for that period was higher, up 3.4%. Apples and eggs take a plunge In that year-long period, a number of individual ite
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MCD
News
- McDonald's (MCD) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
- Diners are cutting back on weekday meals out so that they can spend more on the weekends instead, a restaurant CEO says [Business Insider]Business Insider
- 7 Quick Budget Hacks To Save Money as Fast-Food Prices Rise [Yahoo! Finance Canada]Yahoo! Finance Canada
- 7 Quick Budget Hacks To Save Money as Fast-Food Prices Rise [Yahoo! Finance]Yahoo! Finance
- McDonald's Corporation (MCD) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/31/24 - Form 3
- 5/30/24 - Form 4
- 5/30/24 - Form 144
- MCD's page on the SEC website