Wendy’s reports bleak quarterly sales as rising inflation hits customers’ pockets [Toronto Globe and Mail (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: Toronto Globe and Mail
Wendy’s Co WEN-Q missed Wall Street estimates for quarterly results on Wednesday, as rising inflation kept customers from splurging on the company’s bacon-loaded sandwiches and drinks. The Dublin, Ohio-based fast-food chain said it had fewer customers place orders in the quarter, sending its shares down over 3 per cent in premarket trading. Analysts have said Wendy’s breakfast menu – known for items including the Baconator burger and Frosty-ccino coffees – could face pressure from consumers turning to cheaper meals as higher prices of everything from gas to toothpaste hit Americans’ pockets. BMO analyst Andrew Strelzik recently noted McDonald’s MCD-N , which was seeing some its customers trade down to cheaper or fewer menu items, tends to be more resilient in a softer economy. Wendy’s has also been facing rising competition from rival chains McDonald and KFC-parent Yum Brands launching new menu items. Profit margins also fell for Wendy’s due to higher costs toward labour and commoditi
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
- Why the Market Dipped But McDonald's (MCD) Gained Today [Yahoo! Finance]Yahoo! Finance
- Booming cold drink sales mean more plastic waste. So Starbucks redesigned its cups [Los Angeles Times (CA)]Los Angeles Times
- Hallmark Mahogany Announces Mahogany Honors, an Awards Experience, on April 28 with special guest, Award-Winning Musician, Actress and Entrepreneur Fantasia Barrino-Taylor [Yahoo! Finance]Yahoo! Finance
- Asia-Pacific Foodservice Report 2024: Market Size and Trends by Profit and Cost Sector Channels, Players and Forecasts 2017-2027 [Yahoo! Finance]Yahoo! Finance
- Starbucks is introducing a cold drink cup made with less plastic [Financial Post (Toronto, Ontario, Canada)]Financial Post
MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/18/24 - Form PX14A6G
- 4/9/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- MCD's page on the SEC website