McDonald's Corporation (MCD)
| Market Cap | 197.46B |
| Revenue (ttm) | 25.76B |
| Net Income (ttm) | 8.60B |
| Shares Out | 721.01M |
| EPS (ttm) | 11.78 |
| PE Ratio | 23.25 |
| Forward PE | 21.47 |
| Dividend | $6.68 (2.44%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 2,175,346 |
| Open | 271.11 |
| Previous Close | 270.66 |
| Day's Range | 270.23 - 274.37 |
| 52-Week Range | 245.73 - 302.39 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 316.29 (+15.49%) |
| Earnings Date | Apr 30, 2024 |
About MCD
McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates under various structures comprising conventional franchise, developmental license, or affiliate. McD... [Read more]
Financial Performance
In 2023, McDonald's's revenue was $25.49 billion, an increase of 9.97% compared to the previous year's $23.18 billion. Earnings were $8.47 billion, an increase of 37.09%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for MCD stock is "Buy." The 12-month stock price forecast is $316.29, which is an increase of 15.49% from the latest price.
News
McDonald's new value platform will be a tailwind, says Barclays Jeffrey Bernstein
Jeffrey Bernstein, Barclays senior restaurant analyst, joins 'Power Lunch' to discuss the consumer health in restaurants and McDonald's latest moves to attract lower-end customers back in stores.
McDonald's $5 value meal is coming in June — and staying for just a month
The offering will include four items — a McChicken or McDouble, four piece chicken nuggets, fries and a drink.
McDonald's confirms $5 value meals to lure back low-income customers after price hikes
A McDonald's spokesperson told The Wall Street Journal that the $5 offering is part of a strategy to offer nationally advertised value deals.
McDonald's cooperating with Chinese regulator after reported food issues
McDonald's is actively cooperating with the Chinese local market regulator to investigate and verify matters related to food issues, the company said on its Chinese website on Monday.
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McDonald's Wants to Promote Value by Implementing $5 Meal Deal
McDonald's is reportedly encouraging franchisees to vote to implement a $5 meal deal to bring back consumers who have left because of high prices. Franchisees — which can weigh in on major marketing c...
Three-Stock Lunch: McDonald's, Walmart & Amazon
Malcolm Ethridge, CIC Wealth EVP, joins 'Power Lunch' to discuss stock plays for three stocks, including McDonald's, Walmart, and Amazon.
McDonald's is working to introduce a $5 value meal
The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands.
McDonald's considering $5 meal deal launch to draw diners, source says
McDonald's U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday, as the fast-food chain looks to draw more inflation-hit customers to its restaura...
Krispy Kreme CEO on partnership with McDonalds
Krispy Kreme (DNUT) reported its first quarter earnings, topping Wall Street expectations as net revenue grew 5.7% to over $442 million. CEO and President Josh Charlesworth joins Catalysts to discuss ...
McDonald's is betting on its mobile business with new franchisee digital marketing fund
McDonald's has previously said it wants to reach 100 million loyalty program members by 2027.
McDonald's India franchisee Westlife's profit nearly wiped out on frail demand
Westlife Foodworld , the operator of McDonald's restaurants in west and south India, reported a 96% slide in fourth-quarter profit on Wednesday as inflation-weary consumers cut back spending on fast f...
McDonald's says it's listening to penny-pinching customers and focusing on value
Consumers are "price weary," and McDonald's is paying attention. McDonald's will be "thoughtful" about any further price increases in 2024, CFO Ian Borden said.
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's
Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.
Restaurant Stock Earnings Explained
McDonald's (MCD) reports first profit miss in more than two years. Rob Dongoski breaks down this morning's restaurant earnings.
McDonald's and other big brands warn that low-income consumers are starting to crack
Some of America's best-known corporations are saying their consumers are being pinched by inflation as prices continue rising.
Three-Stock Lunch: 3M, Coca-Cola & McDonald's
Aadil Zaman, Wall Street Alliance Group partner, joins 'Power Lunch' to discuss plays for three stocks: 3M, Coca-Cola, and McDonald's.
McDonald's CEO: California minimum wage hike driving labor inflation
McDonald's CEO Chris Kempczinski said the company is anticipating high single-digital labor inflation, which he largely contributed to the recent law enacted in California.
The latest earnings from McDonald's left much to be desired as prices at checkout continue to grow.
The latest earnings from McDonald's left much to be desired as prices at checkout continue to grow. Transcript: Investors look ahead to Wednesday's Fed decision and McDonald's may finally be feeling t...
McDonald's Seeks to Make Menu More Affordable for Inflation-Weary Consumers
The burger chain reported slower-than-expected same-store sales growth for the first quarter.
McDonald's Stock Struggles After Rare Earnings Miss
McDonald's stock is choppy Tuesday after a mixed first-quarter earnings report. Here's what you need to know.
McDonald's Says It's Feeling the Impacts of Inflation as Consumers Watch Spending
McDonald's (MCD) reported first-quarter earnings that missed estimates as its results were hurt by the effects of inflation on consumers and continuing boycotts in the Middle East.
Companies from McDonald's to 3M warn consumers are being squeezed by sticky inflation
Higher prices have weighed on customers in an array of industries that interact with consumers.
One of the most sobering McDonald's quarters we've heard in quite some time, says Evercore's Palmer
David Palmer, Evercore ISI senior managing director, joins 'Squawk on the Street' to discuss what to make of McDonald's latest quarterly earnings results, what would take McDonald's stock to $330 a sh...