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Stock impact report

McDonald’s Envies Chick-fil-A’s Fried Chicken Sandwich [Fortune]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Fortune
Pinterest McDonald's wants a Southern fried chicken sandwich to call its own. Reflecting the competitive urgency for this sandwich, the National Owners Association of "JFK called for a man on the moon, our call should be a category-leading chicken sandwich," reads a Wednesday email from NOA's board to fellow McDonald's operators, according to CNBC At issue is McDonald's having a premium chicken sandwich that can compete with Chick-fil-A, the chain of chicken sandwich joints that are seeing massive growth in Southern , particularly the Southeast. According to a 2018 report from Kalinowski Equity Research, Chick-fil-A recently became the third-largest fast food chain Starbucks Washington Post reported “We have long pointed out that Chick-fil-A is the restaurant competition MarketWatch McDonald's has been experiencing a steady revenue decline since 2017, according to Yahoo! According to the NOA email, McDonald's price-first approach in the U.S. is no longer helping it compete against p Show less Read more
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