McDonald's Results Hurt by Mideast War, Slowing US Growth [Yahoo! Finance]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance
(Bloomberg) -- McDonald's Corp. results fell short of expectations in the first quarter, hampered by slowing growth in the US and the reverberations of the Israel-Hamas war. Most Read from Bloomberg HSBC CEO Quinn Unexpectedly Steps Down After Almost 5 Years Tesla Soars on Tentative China Approval for Driving System Stocks Trade for 390 Minutes a Day. Increasingly, Only 10 Matter Binance and CZ's Fortunes Are Set to Grow, Jail or no Jail US Warns ICC Action on Israel Would Hurt Cease-Fire Chances Growth in comparable sales, a metric tracking restaurants open for over a year, was 1.9% — slower than analysts polled by Bloomberg anticipated. Each of McDonald's geographic segments fell short of expectations on sales by that metric, including a slight miss in the key US market. The business unit that includes the Middle East recorded a decline. McDonald's has taken a hit from boycotts related to the war in the Middle East, warning on Tuesday of revenue weakness “as long as
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MCD
News
- Wendy's joins McDonald's in announcing a new value meal as the fast food wars heat up [Business Insider]Business Insider
- With 72% ownership of the shares, McDonald's Corporation (NYSE:MCD) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Some McDonald's franchises may charge for refills [Yahoo! Finance]Yahoo! Finance
- McDonald's is getting rid of self-serve drinks and some locations may charge for refills [CBS News]CBS News
- Fast food wars: Wendy's offers $3 breakfast meal deal after McDonald's unveiled $5 combo [Yahoo! Finance]Yahoo! Finance
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