Krispy Kreme tops earnings estimates amid weak consumer spending [Yahoo! Finance]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance
CEO and President Josh Charlesworth joins Catalysts to discuss the donut chain's growth and future as other fast food chains experience a slump in consumer demand. The company recently announced a partnership with McDonald's MCD ) to expand its reach and bring in potential new customers. Krispy Kreme tested the initiative in 160 stores, and consumer demand exceeded expectations. Charlesworth tells Madison Mills and Brooke DiPalma that the company is confident about its national rollout. Krispy Kreme is also expanding outside the United States. The company is available in 39 countries and recently announced an expansion in Germany. Regarding Krispy Kreme's in-store strategy, Charlesworth explains that the company is not focused on the frequency of customer visits. "People look to Krispy Kreme for a real special moment of joy, maybe to enjoy themselves, but actually usually to share and give to others," he explains, adding, "We don't base our business off of a habitual daily treat
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MCD
News
- McDonald's: Debt Funded Payout-Ratio And Reignited Restaurant Growth [Seeking Alpha]Seeking Alpha
- Top 500 restaurant chains grew 2023 sales 7.5% despite traffic declines [Yahoo! Finance]Yahoo! Finance
- Target to cut prices on 5,000 items in bid to lure cash-strapped customers [Yahoo! Finance]Yahoo! Finance
- Target to cut prices on 5,000 products in bid to lure cash-strapped customers [CBS News]CBS News
- McDonald's Co. (NYSE: MCD) had its "buy" rating re-affirmed by analysts at TD Cowen. They now have a $305.00 price target on the stock.MarketBeat
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/20/24 - Form 8-K
- 5/15/24 - Form 424B2
- 5/15/24 - Form 424B2
- MCD's page on the SEC website