Chipotle and McDonald's Face Rising Costs as Service Inflation Stays High [Yahoo! Finance]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance
leads to many consumers being puzzled when paying their bills at restaurants, garages, or for insurance. In the Federal Reserve's preferred measure of inflation, the personal consumption expenditures (PCE) price index, the service segment in September increased by 3.7% year-over-year, while goods prices declined by 1.2% year-over-year. This decline in goods has helped general inflation move moderately toward the Fed's target rate of 2%. Warning! GuruFocus has detected 4 Warning Sign with MCD. The restaurant industry faces substantial pressure, with food service inflation rising by 3.6% in September. Chains like Chipotle ( CMG Financial ) and McDonald's ( MCD Financial ) noted persistent inflationary pressure partly due to increased wages, which have risen following the enactment of new minimum wage laws in states like California. These wage pressures drive up menu prices, though some restaurant chains attempt to counterbalance costs by offering meal deals. Insurance is another s
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MCD
News
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- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of McDonald’s Corporation - MCDAccesswire
- McDonald's Gains Institutional Support as Hedge Funds Boost Holdings [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of McDonald's Corporation - MCDPR Newswire
MCD
Earnings
- 10/29/24 - Beat
MCD
Sec Filings
- 11/7/24 - Form 10-Q
- 11/5/24 - Form 4
- 10/29/24 - Form 8-K
- MCD's page on the SEC website