Fast food companies compete for the best value meal [Yahoo! Finance Canada]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance Canada
continues to pose a budgetary challenge, including McDonald's ( MCD ), Restaurant Brands International's Burger King ( QSR ), and Starbucks ( SBUX Placer.ai Head of Analytical Research R.J. Hottovy joins Asking for a Trend to discuss the state of the overall food industry and consumer spending. Hottovy believes various value meal offerings have been successful, explaining: "All these promotional deals right now are the key thing that are driving visits across the restaurant industry. And why is that? Because we saw a lot of visitation loss to things like value grocers and discount stores, and even convenience stores are another channel that we've seen it. And this is a restaurant's way of recapturing that lost market share a little bit. It's being helped out by food at home, inflation coming down a bit. They're able to withstand a little bit more on the discounting side." He notes that the major question facing restaurants is whether they can keep up the momentum as value offeri
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MCD
News
- Why your Starbucks drink is now half the price: ‘More fairly priced' [Yahoo! Finance]Yahoo! Finance
- ‘We heard our fans loud and clear': McDonald's free fries Friday is back [Yahoo! Finance]Yahoo! Finance
- UBS maintains McDonald's Buy rating, cites value meal boost [Yahoo! Finance Canada]Yahoo! Finance Canada
- Olive Garden raising menu prices again [Yahoo! Finance]Yahoo! Finance
- Olive Garden owner's CEO says fast food is so expensive you might as well have a sit-down meal [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 6/21/24 - Form 4
- 6/21/24 - Form 144
- 6/11/24 - Form 11-K
- MCD's page on the SEC website