The winners and losers of casual dining in 2024 [Yahoo! Finance]
McDonald's Corporation (MCD)
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Source: Yahoo! Finance
Casual dining in 2024 has been dramatically reshaped by inflation, shifting consumer priorities, and fierce competition among fast-food giants and grocery stores alike. With dine-out prices surging by over the last year, according to the Labor Department's Consumer Price Index (CPI), many consumers reevaluated their dining habits, opting to cook more meals at home. While generally more economical, grocery prices also increased 1.6% during this period. This confluence of factors has resulted in a year of mixed outcomes for the casual-dining sector. Some brands have successfully navigated these challenges, while others have struggled to adapt. However, one constant has emerged: Value remains paramount. As 2025 approaches, restaurants will need to offer compelling value promotions to succeed. “We've seen a value-oriented consumer, but one that's searching for innovation,” R.J. Hottovy, head of analytical research at foot traffic analytics firm Placer.ai, told Quartz in an intervie
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News
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- Arcos Dorados and McDonald's Renew Master Franchise Agreement for 20 Years [Yahoo! Finance]Yahoo! Finance
- Is McDonald's Stock a Buy, Sell, or Hold in 2025? [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 10/29/24 - Beat
MCD
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- MCD's page on the SEC website