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.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs