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Last week, McDonald's temporarily paused serving Quarter Pounders in a fifth of its 14,000 U.S. restaurants due to an outbreak that has killed at least one person. Quarter Pounders were being ...
Here's the key takeaway: Every share of McDonald's bought at the company's IPO would have become 729 shares in the 60-year period since it went public. And those shares would be worth a total of ...
McDonald's is expected to post a 0.72% drop in global same-store sales in the third quarter, while earnings per share is expected to be $3.20, according to estimates compiled by LSEG.
The dip was the first decline in global sales for McDonald's since the fourth quarter of 2020 when the U.S. economy, amid the COVID-19 pandemic, had its sharpest annual drop since 1946.
McDonald’s has experienced troubled waters before. Prior to Kempczinski helming the company in 2015, McDonald’s was struggling to compete with concepts like Shake Shack and Chipotle .
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Excluding one-time items such as restructuring charges, McDonald's earned $2.97 per share. That was far from the per-share profit of $3.07 that industry analysts had forecast.
Still, McDonald's said in a statement that an initial investigation found a "subset of illnesses" were tied to the slivered onions from a supplier that serves three of the fast-food giant's ...