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

[winston]

by behappyalways:-

Tampering with labels and using expired ingredients!
Chinese media goes undercover at McDonald’s branches to expose food safety scandal

竄改標籤.用過期食材! 陸媒臥底麥當勞分店揭食安醜聞｜TVBS新聞

https://m.youtube.com/watch?v=9_oH2uJz5ig

[winston]

not vested

McDonald’s on Monday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales declined across every division.

The fast-food giant reported second-quarter net income of $2.02 billion, or $2.80 per share, down from $2.31 billion, or $3.15 per share, a year earlier.

Excluding charges related to the future sale of its South Korean business and other items, McDonald’s earned $2.97 a share.

Its quarterly revenue of $6.49 billion was about flat compared with the year-ago period.

McDonald’s same-store sales shrank 1%, missing StreetAccount estimates for growth of 0.4%.

It’s the first time companywide same-store sales have fallen since the fourth quarter of 2020.

Source: Phillips

[behappyalways]

McDonald's Meal Deal Extends Into December As Core Customers Under Pressure
https://www.zerohedge.com/markets/mcdon ... r-pressure

[behappyalways]

McDonald's CEO Warns 2025 Will Be "Another Challenging Year" As Bidenomics Financially Crushes Working-Poor Americans
https://www.zerohedge.com/markets/mcdon ... ly-crushes