|Bid||164.78 x 1200|
|Ask||164.78 x 800|
|Day's range||164.24 - 165.51|
|52-week range||146.84 - 178.70|
|PE ratio (TTM)||24.89|
|Earnings date||23 Jul 2018 - 27 Jul 2018|
|Forward dividend & yield||4.04 (2.43%)|
|1y target est||186.73|
Consumers are staying home more than ever before and, increasingly, even when they're eating out, they're eating in. How can you invest in America's growing appetite for delivery?
CEO Steve Easterbrook is shedding employees, breaking the third leg of Ray Kroc's famous stool in the process. Wall Street loves it for now, but can it continue?
NEW YORK (AP) — McDonald's said Friday it will switch to paper straws at all its locations in the United Kingdom and Ireland, and test an alternative to plastic ones in some of its U.S. restaurants later this year.
McDonald's will start to phase out plastic straws from all of its restaurants in the U.K. and Ireland next year https://bloom.bg/2JCUhQd #tictocnews (Source: Bloomberg)
The world’s largest restaurant chain will begin to phase out plastic straws in some European markets as concerns about consumer waste mount. McDonald’s Corp. will start rolling out paper straws in the U.K. and Ireland, with plans to phase out the plastic variety in all 1,361 locations there in 2019. The company, which has also been testing alternatives in Belgium, will begin trials in select restaurants in the U.S., France, Sweden and Norway later this year as it seeks to source more of its packaging across the globe from recycled sources.
In a move to further trim fat from its management layers, McDonald’s Corp. announced at a town hall meeting on Tuesday that it will eliminate its regional structure and reduce corporate headcount. The new plan -- part of Chief Executive Officer Steve Easterbrook’s multiyear push to streamline operations at the world’s largest restaurant chain -- will reduce its field offices, a move the company says will result in faster decision making and more support for franchisees. Investors have applauded the company’s move to transform itself into a leaner operation, with shares rising about 70 percent since Easterbrook took over.
H&R Block (HRB) is set to announce its fiscal Q4 2018 results on June 12 after the market closes. Its revenue is expected to rise 0.5% YoY (year-over-year) to $2.3 billion, and its EPS are expected to rise YoY to $5.20 from $3.70.
Facebook, Tesla, Home Depot, McDonald’s and Amazon are the companies to watch.
Dow Jones stocks edge up, but futures remain mixed ahead of the Fed. Twitter gets a price target hike. Tesla receives a production outlook increase. McDonald's prepares to detail its restructuring plans.
McDonald’s Corp. is expected Tuesday to detail the changes to its organizational structure in the U.S., which it says entails providing more resources to franchisees. In a new memo sent ahead of a town hall meeting planned for Tuesday morning, McDonald’s USA President Chris Kempczinski sought to reassure U.S. employees and franchisees that they will get more support from the company even though some positions will be eliminated. In the memo, which was reviewed by The Wall Street Journal, Mr. Kempczinski said all employees who will be laid off will be notified by June 28, but didn’t say how many would lose their jobs in the restructuring.
Today we’re going to take a look at the well-established McDonald’s Corporation (NYSE:MCD). The company’s stock saw a double-digit share price rise of over 10% in the past couple ofRead More...
Why Did Kalinowski Upgrade McDonald’s? By the end of June 7, McDonald’s (MCD) was trading at $169.48, which represents a 4.4% increase from its June 6 closing price. McDonald’s management announced that it plans to trim its corporate structure by laying off an undisclosed number of corporate employees.
The Dow Jones Industrial Average was attempting to turn higher and extend a multiday string of victories to a third day on Friday, with gains in shares of McDonald's Corp. and Procter & Gamble Co. lifting the the blue-chip benchmark. The Dow was trading near break-even territory in late-morning action, up less than 0.1% at 25,250, but the levels represented a paring of an opening slump of more than 75 points at session lows, according to FactSet data.
On June 7, Kalinowski Equity Research upgraded McDonald’s (MCD) from “neutral” to “buy.” The firm set a price target of $191.00 for MCD stock. Kalinowski’s price target represents a return potential of 12.7% from its current stock price. Mark Kalinowski, president and CEO of Kalinowski Equity Research, stated in his research note that the introduction of fresh beef in the domestic market has helped improve McDonald’s SSSG (same-store sales growth).
McDonald’s (MCD), which is an American fast food company with over 36,000 restaurants in more than 100 countries around the world, was the S&P 500’s third-best performer on June 7. After regaining strength on Wednesday, McDonald’s opened higher on Thursday and surged to nine-week high price levels. The buying pressure in McDonald’s increased on Thursday amid the company’s efforts to streamline the management structure.