Seeking Alpha

McDonald's loses more ground to peers in U.S.

  • Though results for McDonald's (NYSE:MCD) in China were worse than expected in July, it's the fast-food giant's performance in the U.S. that has restaurant industry analysts concerned.
  • They note that there's no hiding the U.S. market share gains of Jack in the Box, Burger King, and Wendy's in McDonald's key category - while also adding the chain has done little to disrupt the momentum at Chipotle and Starbucks.
  • MCD -0.5% premarket as traders note the lush 3.5% MCD dividend yield offers share a nice backstop.
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