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United States

McDonald's Corp (MCD)

MCD on New York Consolidated

122.26USD
20 Jan 2017
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$0.08 (+0.07%)
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Latest Key Developments (Source: Significant Developments)

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

China National Chemical and New Hope said to mull bids for McDonald's China franchise- Bloomberg
Tuesday, 14 Jun 2016 12:50am EDT 

: China National Chemical Corp and New Hope Group said to mull bids for McDonald's China franchise- Bloomberg, citing sources . KKR considering teaming up with a chinese firm to make a joint bid for McDonald's mainland China franchise, which could fetch about $2 bln- Bloomberg Source (http://bloom.bg/1PqoN7L) Further company coverage: [MCD.N] (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

McDonald's says Enrique Hernandez Jr. elected non-executive chairman - SEC filing
Wednesday, 1 Jun 2016 04:56pm EDT 

McDonald's Corp :Says Enrique Hernandez, Jr. has been elected non-executive chairman ; succeeds Andrew J. Mckenna- SEC filing.  Full Article

Mcdonald's sets quarterly cash dividend of $0.89 per share
Thursday, 26 May 2016 04:30pm EDT 

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

McDonald's Board of Directors names Enrique Hernandez, Jr. Non-Executive Chairman
Thursday, 26 May 2016 01:43pm EDT 

: McDonald's Board of Directors names Enrique Hernandez, Jr. Non-Executive Chairman . Hernandez, has served on board as an independent director since 1996 and most recently chaired audit committee . Says Hernandez serves as a director for Chevron Corporation, Wells Fargo & Company, and Nordstrom, Inc. .Hernandez succeeds Andrew J. Mckenna, who retired after 25 years of service as a director.  Full Article

Westlife Development says McDonald's India does not use potassium bromate or potassium iodate in flour
Tuesday, 24 May 2016 04:18am EDT 

Westlife Development Ltd : Clarifies on news item "Cancer causing chemicals likely in bread" . McDonald's India does not use potassium bromate or potassium iodate in the flour . "Claims made by CSE in their press release and report are completely baseles" .  Full Article

Photo

McDonald's inviting bids for part of Japan unit: WSJ

McDonald's Corp is inviting bids for the sale of a 33 percent stake in its Japan unit McDonald's Holdings Co Japan Ltd , the Wall Street Journal reported, citing people familiar with the situation. | Video