Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated [Yahoo! Finance]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance
Thanks to a new law, which went into effect earlier this month, California chain restaurants with at least 60 locations nationwide have to pay their employees more. For smaller restaurants, the minimum wage continues to be the statewide bottom of $16 an hour. The largest publicly-traded fast-food companies include McDonald's Corp (NYSE: MCD Starbucks Corp (NASDAQ: SBUX Yum! Brands, Inc. (NYSE: YUM ), which owns Taco Bell, Pizza Hut and KFC Wendys Co (NASDAQ: WEN Restaurant Brands International Inc (NYSE: QSR ), which owns Burger King Chipotle Mexican Grill, Inc. (NYSE: CMG Papa John's International Inc (NASDAQ: PZZA ) and Jack in the Box Inc. (NASDAQ: JACK Many of these stocks have lost value since the law was implemented on April 1. Read Also: AI Gunning For Fast Food Jobs Next? KFC, Taco Bell Operator Yum Brands Planning ChatGPT-Like Bots To Boost Operations The wage hikes were deemed necessary in the Golden State. After all, the cost of living in California is about 38%
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MCD
News
- McDonald's faces weaker foot traffic, value proposition as it sets to report Q1 earnings [Yahoo! Finance Canada]Yahoo! Finance Canada
- McDonald's faces weaker foot traffic, value proposition as it sets to report Q1 earnings [Yahoo! Finance]Yahoo! Finance
- Dropping 8% Year To Date, Will McDonald's Stock Recover Post Q1 Results? [Forbes]Forbes
- Chili's® Takes Aim at Fast Food by Introducing the Big Smasher Burger as Part of Its 3 For Me Menu [Yahoo! Finance]Yahoo! Finance
- McDonald's (MCD) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/29/24 - Form PX14A6G
- 4/23/24 - Form 144
- 4/23/24 - Form 4
- MCD's page on the SEC website