Three-quarter pounder? McDonald's plotting bigger burgers to boost flagging sales [Yahoo! Finance]
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: Yahoo! Finance
Ian Borden, the chief financial officer, on Tuesday said the restaurant's chefs from around the world have created a “larger, satiating burger”. The new product will be introduced in certain markets to test its global appeal, he told analysts during an earnings call. The dish is designed to meet customers' appetite for more filling patties, Bloomberg reported. The bigger burger comes as McDonald's grapples with sluggish demand as anti-Israel boycotts continue to hurt its sales. Pro-Palestinan campaign groups have called for diners to boycott McDonald's after photos and videos on social media showed franchised stores in Israel offering free meals to its soldiers following the Oct 7 Hamas attack. Customers in the Middle East and Muslim-majority markets such as Indonesia and Malaysia have since shunned McDonald's over its perceived support of Israel. Sales across McDonald's international developmental franchised markets fell 0.2pc during the first quarter of 2024, marking th
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
- Grocery prices are finally falling [CNN]CNN
- McDonald's is getting rid of free drink refills — and more fast-food chains may follow [Yahoo! Finance]Yahoo! Finance
- Red Lobster in Rohnert Park auctions off entire restaurant [Yahoo! Finance]Yahoo! Finance
- McDonald's Sells $1 Billion of Bonds as Debt Set to Mature [Financial Post (Toronto, Ontario, Canada)]Financial Post
- McDonald's may be willing to lose money on $5 meal deals if it means winning back disgruntled cash-strapped customers [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/14/24 - Form FWP
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- MCD's page on the SEC website