Edition:
United States

McDonald's Corp (MCD)

MCD on New York Consolidated

118.24USD
2 Dec 2016
Change (% chg)

$-0.23 (-0.19%)
Prev Close
$118.47
Open
$118.00
Day's High
$118.50
Day's Low
$117.71
Volume
3,348,723
Avg. Vol
4,544,163
52-wk High
$131.96
52-wk Low
$110.33

Latest Key Developments (Source: Significant Developments)

Mcdonald's expects to incur $130 mln pretax charge in Q3
Thursday, 13 Oct 2016 04:15pm EDT 

Mcdonald's Corp : Mcdonald's announces third quarter strategic charges . Mcdonald's Corp - Going forward, company expects to incur additional strategic charges in connection with ongoing initiatives . Mcdonald's - For quarter ended Sept 30, 2016, expects to incur approximately $130 million in pretax charges, or about $0.12 per share on an after-tax basis .Strategic changes related to initiatives outlined in November 2015.  Full Article

McDonald's raises quarterly cash dividend by 6%
Thursday, 29 Sep 2016 07:58am EDT 

Mcdonald's Corp : McDonald's raises quarterly cash dividend by 6% . Declared a quarterly cash dividend of $0.94 per share of common stock payable on December 15, 2016 . Through August 2016, company returned a cumulative $26 billion against its three-year, $30 billion cash return to shareholders target .Sets FY cash dividend of $3.76per share.  Full Article

U.S. Consumer Product Safety Commission- McDonald's recalls "step-it" activity wristbands
Tuesday, 23 Aug 2016 07:00am EDT 

U.S. Consumer Product Safety Commission: McDonald's recalls "step-it" activity wristbands due to risk of skin irritation or burns .McDonald's recalls about 29 million units in U.S. (in addition, about 3.6 million units in Canada) of wristbands.  Full Article

Mcdonald's Chief Administrative Officer Pete Bensen to retire
Tuesday, 2 Aug 2016 09:15am EDT 

Mcdonald's Corp : Retirement of chief administrative officer Pete Bensen on September 2, 2016 . Mcdonald's Chief Administrative Officer Pete Bensen to retire after two decades with the brand .Mcdonald's will announce additional organizational changes in coming weeks.  Full Article

Mcdonald's announces quarterly cash dividend
Thursday, 28 Jul 2016 04:30pm EDT 

Mcdonald's Corp : Mcdonald's announces quarterly cash dividend . Sets quarterly cash dividend of $0.89per share .Sets quarterly cash dividend of $0.89per share.  Full Article

McDonald's sees net restaurant additions to add 1 pct to 2016 systemwide sales growth
Tuesday, 26 Jul 2016 08:27am EDT 

McDonald's Corp : McDonald's corp sees net restaurant additions to add approximately 1 percentage point to 2016 systemwide sales growth (in constant currencies) .For FY 2016 costs for total basket of goods expected to decrease about 3.5-4.5% in U.S.;remain relatively flat in International Lead segment.  Full Article

Mcdonald's Q2 earnings per share $1.25
Tuesday, 26 Jul 2016 07:58am EDT 

Mcdonald's Corp : In u.s., q2 comparable sales increased 1.8% . In high growth segment, q2 comparable sales increased 1.6%, led by positive comparable sales performance in china and russia . Due to impact of refranchising, consolidated revenues decreased 4% in quarter . Q2 and h1 results impacted by about $230 million of strategic charges, consisting primarily of non-cash impairment charges incurred in quarter . Foreign currency translation had negative impact of $0.02 on diluted earnings per share for quarter . Mcdonald's reports second quarter 2016 results . Q2 earnings per share $1.25 . Q2 earnings per share view $1.38 -- Thomson Reuters I/B/E/S . Mcdonald's corp qtrly global comparable sales increased 3.1% . "results for quarter and six months benefited from stronger operating performance and higher gains on sales of restaurant businesses" . Q2 total revenues $ 6,265.0 million versus $6,497.7 million .Comparable sales for international lead segment increased 2.6% for quarter, led by positive performance in u.k., canada and australia.  Full Article

McDonald's planning sale of franchise rights in Malaysia,Singapore-Bloomberg, citing sources
Tuesday, 26 Jul 2016 01:07am EDT 

: McDonald's planning sale of 20-year franchise rights in Malaysia, Singapore that could collectively fetch at least $400 mln - Bloomberg, citing sources .Potential bidder for McDonald's franchise rights is in talks with lenders for as much as $300 million in funding - Bloomberg, citing sources.  Full Article

Mcdonald's plans to refranchise 4,000 restaurants by end of 2018
Thursday, 7 Jul 2016 04:15pm EDT 

Mcdonald's Corp : Mcdonald's announces second quarter strategic charges . Plans to refranchise 4,000 restaurants by end of 2018 . Company expects to incur additional strategic charges in connection with these ongoing initiatives . Mcdonald's announced that for quarter ended June 30, 2016 , company expects to incur approximately $235 million in pretax charges . Plans net G&A savings target of $500 million , vast majority of which is expected to be realized by end of 2017 .To incur about $0.20 per share on an after-tax basis for quarter ended June 30, 2016 , consisting primarily of non-cash impairment charges.  Full Article

McDonald's says McDonald's USA expands its all day breakfast menu this fall
Wednesday, 6 Jul 2016 03:51pm EDT 

Mcdonald's Corp : McDonald's says McDonald's USA expands its all day breakfast menu this fall Source (http://bit.ly/29oAFKG) Further company coverage: [MCD.N] (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

Photo

Brazil court calls McDonald's to hearing for alleged labor violations

SAO PAULO Brazilian labor authorities on Friday called local McDonald's Corp representatives to a hearing on Dec. 13 over alleged violations of the country's labor laws, and said they could impose fines of up to 103 million reais ($30 million).