McDonalds (MCD)

[behappyalways]

New Video Reveals McDonald's Secret Spinoff Restaurant Called "CosMc's"
https://www.zerohedge.com/markets/new-v ... led-cosmcs

[behappyalways]

"Little McDonald's" opens in a low-key manner! Focusing on cold drinks, challenging Starbucks

小麥當勞」低調開張! 主打冷飲 挑戰星巴克｜方念華｜FOCUS全球新聞 20231208 @tvbsfocus

https://m.youtube.com/watch?v=LR3U6nuQ3XI&t=291s

[behappyalways]

McDonald's CEO Says Global Boycott Fueled By "Misinformation" Has Caused "Meaningful Business Impact"
https://www.zerohedge.com/markets/mcdon ... l-business

[behappyalways]

McDonald's Stores Hit By Multi-Nation "Technology Outage"
https://www.zerohedge.com/technology/mc ... ogy-outage

[behappyalways]

McDonald's Buys Up All Israeli Franchise Restaurants After Boycott Hits Sales
https://www.zerohedge.com/markets/mcdon ... hits-sales

[winston]

not vested

1Q Earnings

Mcdonald’s fell short of Wall Street estimates for first-quarter sales on Tuesday (Apr 30) as budget-conscious consumers cut back on restaurant meals and the Middle East conflict weighed on the burger chain’s international sales.

Global comparable sales growth slid for the fourth straight quarter to 1.9 per cent, with the company saying consumers turned “more discriminating with every dollar they spend”.

Analysts had estimated a 2.35 per cent rise.

The company has raised prices by roughly mid- to high-single-digit percentage over the past year in response to a rise in costs of eggs and other raw items.

Earlier in March, McDonald’s CFO Ian Borden had warned of a sequential fall in international sales in the first quarter, pressured by the conflict in the Middle East and a sluggish Chinese economy, its second-largest market after the United States.

Higher competition for breakfast hour spending in the United States has prompted the burger giant to lean on low-priced menu choices, including breakfast value bundles and a Dollar Menu under the US$4 price point.

Source: Phillips