McDonald's E. coli outbreak sends the stock on pace for its worst day since Covid [CNN]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: CNN
McDonald's ( MCD ) stock is on pace for its worst day since the pandemic after an E. coli outbreak tied to Quarter Pounders in the western part of the United States left one dead and 10 hospitalized. The US Centers for Disease Control and Prevention issued a food safety alert Tuesday, reporting at least 49 illnesses across 10 states. Most of the illnesses are in Colorado and Nebraska, and most of the people who fell ill ate Quarter Pounders at McDonald's. The incident — and investors' immediate dash to the exits — recalls Chipotle's yearslong battle with E. coli and norovirus outbreaks at multiple locations starting in the summer of 2015. Over the course of three years, during which Chipotle repeatedly failed to contain numerous outbreaks, the once high-flying stock cratered, losing two thirds of its value. Chipotle ultimately faced minimal fines — $25 million from the US Food and Drug Administration in 2020 — but it struggled to win back grossed-out customers. The company even
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MCD
News
- McDonald's location visited by Trump attracts negative reviews, causing Yelp to disable comments [CBS News]CBS News
- McDonald's says U.S. E. coli outbreak ‘does not impact our Canadian restaurants' [BNN Bloomberg (Canada)]BNN Bloomberg
- McDonald's president says its food is safe to eat after E. coli outbreak [CNN]CNN
- What does the McDonald's E. coli outbreak mean for Coca-Cola? [Yahoo! Finance]Yahoo! Finance
- What does the McDonald's E. coli outbreak mean for Coca-Cola? [Yahoo! Finance Canada]Yahoo! Finance Canada
MCD
Earnings
- 7/29/24 - Miss
MCD
Sec Filings
- 10/15/24 - Form 4
- 10/1/24 - Form 3
- 10/1/24 - Form 4
- MCD's page on the SEC website