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McDonald's Corp (MCD.N)

MCD.N on New York Stock Exchange

149.86USD
26 May 2017
Change (% chg)

$0.08 (+0.05%)
Prev Close
$149.78
Open
$149.90
Day's High
$150.20
Day's Low
$149.25
Volume
922,954
Avg. Vol
1,064,237
52-wk High
$150.20
52-wk Low
$110.33

Latest Key Developments (Source: Significant Developments)

Fitch says consumer trends, taxes, M&A impact U.S. Consumer Sectors
Thursday, 25 May 2017 02:08pm EDT 

May 25 (Reuters) - Fitch : :Fitch says consumer trends, taxes, M&A impact U.S. Consumer Sectors.Fitch says views firms with meaningful natural/organic or snack food offerings as best positioned to benefit from these changes.Fitch says "Believes moderating litigation risk has increased appeal of U.S. tobacco market to global players".Fitch says cos across consumer sector are adjusting their product mix, menus, strategies to address consumer trends toward health, wellness, convenience and value.Fitch says also views firms with portfolios focused on fresh offerings or on-trend around perimeter of store, as best positioned to benefit from changes.Fitch says M&A will persist with Kraft Heinz, Tyson, Newell Brands and Constellation remaining active participants.Fitch says views positively Mcdonald's recently announced initiatives.Fitch says "Alterations to trade policy might affect agribusiness and protein firms given role of exports in these areas".Fitch says tax reform could provide a disproportionate benefit to multinational U.S. non-alcoholic beverage companies, such as Coca-Cola and Pepsico.Fitch says "Restaurants will likely be most impacted by changes to labor regulations as labor can be a third of costs".  Full Article

McDonald's says now available for delivery on Ubereats in Los Angeles county, among others
Wednesday, 17 May 2017 09:00am EDT 

May 17 (Reuters) - McDonald's ::Says McDonald's is now available for delivery on ubereats in Los Angeles county, Orange county and Riverside county.  Full Article

Wendy's on conf call- did not see material impact from McDonald's testing fresh beef in Dallas
Wednesday, 10 May 2017 10:36am EDT 

May 10 (Reuters) - Wendys Co :CFO - "consumer continues to be very responsible even with growing discretionary income...they're still managing higher cost like health care, rent and student loan debt".CFO - seeing a lot of value messaging from the competitive set.CFO - gap between food at home and food away from home closed a bit, but still very wide.CFO - testing delivery, have a delivery test in Columbus and Dallas with door dash.Didn't see material impact from McDonald's testing fresh beef in Dallas.  Full Article

Nintendo says partnering with Mcdonald's to bring some of its characters to happy meals
Wednesday, 26 Apr 2017 08:00am EDT 

April 26 (Reuters) - Nintendo Co Ltd <7974.T>::Nintendo says is partnering with mcdonald's to bring some of its characters to happy meals.  Full Article

Mcdonald's says expects net restaurant additions to add approximately 1 pct point to 2017 systemwide sales growth
Tuesday, 25 Apr 2017 08:00am EDT 

April 25 (Reuters) - Mcdonald's Corp :Mcdonald's - expects net restaurant additions to add approximately 1 percentage point to 2017 systemwide sales growth (in constant currencies).Mcdonald's - expects capital expenditures for 2017 to be approximately $1.7 billion, about one-third of which will be used to open new restaurants.  Full Article

Mcdonald's director John Mulligan reports open market purchase of 1,600 shares of co's common stock at average price of $128.94/share on March 22
Friday, 24 Mar 2017 05:42pm EDT 

Mcdonald's Corp :Mcdonald's - Director John Mulligan reports open market purchase of 1,600 shares of co's common stock at average price of $128.94/share on March 22.  Full Article

Mcdonald's expects capital expenditures for 2017 to be about $1.7 bln
Wednesday, 1 Mar 2017 12:25pm EST 

Mcdonald's Corp : Mcdonald's - expects capital expenditures for 2017 to be approximately $1.7 billion, about one-third of which will be used to open new restaurants .Mcdonald's-Expects capital expenditures to decline by about $500 million from 2017 level of $1.7 billion, once u.s. Restaurant modernization work completed.  Full Article

McDonald's says initiating new 3-year target for cash return to shareholders
Wednesday, 1 Mar 2017 12:15pm EST 

McDonald's : McDonald's unveils new global growth plan . Initiating a new 3-year target for cash return to shareholders . Aannounced a new $22 to $24 billion cash return target for 3-year period ending 2019 . Establishing new financial targets for sales, operating margin, earnings per share and return on incremental invested capital . In 2016 , China's delivery business grew 30% . Company is on track to refranchise 4,000 restaurants by end of 2017, a full year ahead of schedule . McDonald's says in near-term, Mcdonald's is redirecting a portion of capital saved from refranchising to modernizing U.S. Estate . In near-term, Mcdonald's is redirecting a portion of capital saved from refranchising to modernizing U.S. Estate . McDonald's says company plans to reimage about 650 restaurants in 2017 . Achieved more than $200 million in savings through end of 2016 towards its goal of reducing net G&A levels by $500 million by end of 2018 . Intends to have most of traditional free-standing U.S. Restaurants modernized by end of 2020 . Sees long-term systemwide sales growth of 3% to 5% beginning in 2019 . Expects to trim another 5% to 10% net G&A levels from its remaining cost base by end of 2019 . McDonald's says for beginning in 2019 expects to grow operating margin from high-20% range to mid-40% range.  Full Article

McDonald's sells its Nordic restaurants to chairman of Terra Firma - NYT
Friday, 27 Jan 2017 05:02am EST 

:McDonald's sells its Nordic restaurants to Guy Hands, chairman of Terra Firma - NYT.  Full Article

McDonald's announces quarterly cash dividend
Thursday, 26 Jan 2017 04:30pm EST 

McDonald's : McDonald's announces quarterly cash dividend .Sets quarterly cash dividend of $0.94 per share.  Full Article

More From Around the Web

Activists call on In-N-Out Burger to join the superbug fight

LOS ANGELES Nearly three dozen consumer, environmental and public health groups on Thursday pressed privately held In-N-Out Burger to make good on its vow to set time lines for phasing out the use of beef raised with antibiotics vital to human health.