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0.000470724553716897 0.000706086830575345 -0.00288228265198969 -0.00697034435311587 -0.0127095629503566 -0.00814715573740812 -0.0096498533511968 -0.00916102400695235
Stock impact report

McDonald's swings to a gain after talking up larger burger test, value pricing [Seeking Alpha]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Seeking Alpha
The Chicago-based company's international developmental licensed markets segment reported a 0.2% decline after boycotts in the Middle East dragged on traffic. The read on North America from McDonald's ( MCD ) also created some concerns after CEO Chris Kempczinski warned on economic pressure on lower-income households. "Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending, which is putting pressure on the [quick-service restaurant] industry," he noted. However, on the conference call, he seemed to indicate menu prices could ease back. "So the pricing that's been taken over the last several years was all taken as a means to offset what we were seeing around quite high labor inflation and quite high commodity food and paper inflation. So restaurant margins are now back to where we are, where we were again in 2019 in the U.S., which then says to me that we do have the ability to be thinking about Show less Read more
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