McDonald's to sell Russia restaurants to local operator, rebrand [Financial Post (Toronto, Ontario, 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: Financial Post
The world’s largest burger chain owns 84% of its nearly 850 restaurants in Russia. Chicago-based McDonald’s on Monday became one of the biggest global brands to exit Russia following its February invasion of Ukraine. McDonald’s said it will retain its trademarks. In March, McDonald’s temporarily closed its restaurants in Russia including its first location in Pushkin Square – a symbol of American capitalism flourishing in the dying embers of the Soviet Union. McDonald’s came to embody a thawing of Cold War tensions and was a way for millions of people to sample Western food and culture. The McDonald’s restaurants in Russia will be sold to Alexander Govor, who runs the franchise operation through his firm GiD LLC. Govor has been a McDonald’s licensee since 2015 and had helped the chain expand into remote Siberia, where he operates 25 restaurants. McDonald’s and GiD declined to disclose financial terms of the deal. McDonald’s had said it would take a non-cash charge of up to $1.4 bil
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
- Applebee's owner Dine Brands wants to steal fast-food customers with its deals [MSNBC.com]MSNBC.com
- A Look At The Fair Value Of McDonald's Corporation (NYSE:MCD) [Yahoo! Finance]Yahoo! Finance
- Indian Frozen Potato Products Market Report 2024: A $4 Billion Industry Driven by Expansion of Quick-service Restaurants Such as McDonald's and Subway [Yahoo! Finance]Yahoo! Finance
- What's going on with fast food? Why have prices skyrocketed [Yahoo! Finance]Yahoo! Finance
- Tyson shares close lower, as pinched consumers get choosy about meat [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/8/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/29/24 - Form PX14A6G
- MCD's page on the SEC website