McDonald's Corporation (MCD) - NYSE
  • Wed, Jun. 1, 10:38 PM
    • Apparently putting an end to speculation that it might move away from the Chicago area, McDonald's (NYSE:MCD) is near a deal to move downtown, to Oprah Winfrey's former Harpo Studios campus from its Oak Brook, Ill., location.
    • Crain's Chicago Business says the company is in advanced talks with Sterling Bay to move to a 300,000-square-foot structure that the developer will build on Randolph Street, in Chicago's West Loop.
    • The move would mean that McDonald's is joining a flight downtown from suburban areas, which has included Kraft Heinz, Motorola Mobility and Motorola Solutions.
    | Wed, Jun. 1, 10:38 PM | 14 Comments
  • Tue, May 31, 11:13 AM
    • Burger King (NYSE:QSR) fires back at the "McPick 2 for $5 promotion from McDonald's (MCD -0.9%) with its own new value deal.
    • The restaurant chain introduced a "2 for $10 Whopper Meal" which features 2 Whoppers, two small fries, and two small drinks for the $10 price.
    • Wendy's (WEN -0.2%) is still running its "4 for $4" deal and Carl's Jr. Hardee's is also in the mix with a "$4 Real Deal" promotion.
    • The high level of promotions coincides with weak traffic trends in the U.S.
    | Tue, May 31, 11:13 AM | 6 Comments
  • Thu, May 26, 4:36 PM
    • McDonald's (NYSE:MCD) declares $0.89/share quarterly dividend, in line with previous.
    • Forward yield 2.88%
    • Payable June 20; for shareholders of record June 6; ex-div June 2.
    | Thu, May 26, 4:36 PM | 1 Comment
  • Thu, May 26, 2:51 PM
    • McDonald's (MCD +0.3%) elected Enrique Hernandez to serve as a non-executive chairman of the board. Hernandez replaces McKenna who has held the position since 2004.
    • All shareholder proposals asking for major reforms were voted down as expected.
    • CEO Steve Easterbrook backed the company's use of self-ordering kiosks and indicated other automation technologies will be considered, but dismissed talk that robots would replace workers anytime soon. He also indicated that it was only a "rumor" that a move of the corporate HQ from Chicago was under consideration.
    • McDonald's Annual Shareholders Meeting webcast
    • Previously: Inside and outside the McDonald's annual meeing (May 26)
    | Thu, May 26, 2:51 PM | 3 Comments
  • Thu, May 26, 10:54 AM
    • McDonald's (MCD +0.1%) is the focus of the restaurant industry today as its annual meeting in Chicago takes place amid protests over wage levels.
    • Though execs with the company are saying all the right things inside the event, former McDonald's USA CEO Ed Rensi went off script during an engaging interview on Fox Business News that delved into the issue of wage levels.
    • "I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry -- it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient making $15 an hour bagging French fries," noted Rensi.
    • Robot automation R&D in the U.S. has accelerated over the last couple of years with the restaurant industry front and center, although no major chain has tackled the political hot potato of announcing robot-influenced job reductions.
    • If there's any question that automation can't help in certain industries, Adidas may have settled that with its dramatic announcement this week that it planned to pull shoe production out of Asia for robot facilities in Europe and the U.S.
    • Early talk from management at the McDonald's event has been centered on test programs being rolled out and the localization push by the chain.
    • On Wall Street, Bernstein picked up coverage on McDonald's again with a Market Perform rating on a cautious view that the new national menu and innovation changes will take time to pay off.
    | Thu, May 26, 10:54 AM | 2 Comments
  • Wed, May 25, 3:21 PM
    • McDonald's (MCD -0.3%) plans to close its headquarters outside of Chicago tomorrow with labor wage protests expected during the company's annual meeting.
    • The protests are expected to start tonight.
    • Investors will focus on what's going on inside of the meeting to see if management tips on how Q2 sales are progressing. The restaurant chain's +5% gain in U.S. comparable-store sales during Q1 has set expectations high.
    | Wed, May 25, 3:21 PM | 10 Comments
  • Wed, May 18, 8:23 AM
    • McDonald's (NYSE:MCD) plans to revamp its McPick 2 for $5 program next week on a national and local basis, according to an exclusive posted by BurgerBusiness.com.
    • Core items included nationally will be the Big Mac, Filet-O-Fish, and 10-piece McNuggets - while local markets will have the options to add more choices based on demand.
    • The company will back the McPick 2 for $5 with a four-week national advertising run.
    • The bottom line: While some consumers prefer the McPick 2 for $2 promotion and it keeps with the value tradition, franchisees have been vocal about the cash flow advantages at the McPick 2 for $5 level.
    • Shares of McDonald's have fallen back in the last week after setting an all-time high of $131.96 on May 10.
    | Wed, May 18, 8:23 AM | 4 Comments
  • Mon, May 16, 6:31 PM
    • Jon Jacobson's Highfields Capital Management got out of Yahoo (YHOO +2.7%) and Microsoft (MSFT +1.5%) in Q1, and trimmed most of its stake in McDonald's (MCD +0.6%) while adding other consumer names, according to its 13F filing.
    • The firm sold 12.79M shares of Microsoft (valued at $709.7M) and 7.14M shares of McDonald's ($808M), along with selling 7.2M shares of Yahoo (about $239.5M worth).
    • It retains a stake of 4.76M shares of McDonald's. Meanwhile, it took a new position in Marriott (MAR +1.2%) -- 6.86M shares valued at $488.3M -- and bought 2.79M shares in Walgreens Boots Alliance (WBA +0.8%).
    • Now read Microsoft - When Do Investors Get To See The Beef? »
    | Mon, May 16, 6:31 PM | 13 Comments
  • Fri, May 13, 1:51 PM
    | Fri, May 13, 1:51 PM
  • Fri, May 13, 1:50 PM
    | Fri, May 13, 1:50 PM | 7 Comments
  • Thu, May 12, 2:56 PM
    • McDonald's (MCD +1%) claimed 32% of all foot traffic to quick-service restaurants in Q1, according to tracking from xAd.
    • While the dazzling market share is based in part on the 14K restaurants the company has in the U.S., McDonald's also outperformed the industry average by a wide margin on a same-store sales growth basis during the quarter (+5.4% vs. +0.3%).
    • Investors haven't ignored the turnaround at McDonald's. The 36% 52-week return by shares ranks 1st out of the 57 publicly traded restaurant stocks (Finviz screen). Of those same 57 restaurant stocks, MCD ranks 29th on a forward P/E view.
    • McDonald's was a popular pick during last week's Seeking Alpha Market Challenge which focused on the restaurant sector.
    • Related ETF: BITE.
    | Thu, May 12, 2:56 PM | 12 Comments
  • Thu, May 12, 1:22 PM
    • McDonald's (MCD +0.6%) is testing serving Quarter Pounders made with fresh beef instead of the frozen patties at 14 locations around Dallas.
    • The company isn't saying if a broader roll-out is in the works.
    • Restaurant News says the use of fresh meat at scale by McDonald's would be one of the biggest shifts in product specifications in its history.
    | Thu, May 12, 1:22 PM | 20 Comments
  • Tue, May 10, 9:23 AM
    • Chick-fil-A is doing extremely well in the tough New York City market, according to an anecdotal report from New York Post. Long lines are common at the two stores already open in Manhattan, while Chick-fil-A execs are busy plotting a broader roll-out across the metropolitan area over the next two years.
    • The restaurant chain now has 2,000 stores in the U.S. and is on track to be the 4th largest fast-food company by revenue in 2020. The success of Chick-fil-A outside of its southern base is something that the industry can no longer ignore.
    • "Chick-fil-A presents one of the biggest — and least appreciated by Wall Street — competitive threats to McDonald’s (NYSE:MCD) US business," reasons Nomura analyst Mark Kalinowski.
    • Other chains having to adjust to the Chick-fil-A threat include Burger King (NYSE:QSR), Wendy's (NASDAQ:WEN), Subway (private), KFC (NYSE:YUM), Bojangles (NASDAQ:BOJA), Shake Shack (NYSE:SHAK), and Popeyes Louisiana Kitchen (NASDAQ:PLKI).
    | Tue, May 10, 9:23 AM | 37 Comments
  • Thu, May 5, 2:04 PM
    | Thu, May 5, 2:04 PM | 42 Comments
  • Thu, May 5, 2:03 PM
    | Thu, May 5, 2:03 PM | 41 Comments
  • Wed, May 4, 2:40 PM
    • McDonald's (MCD +0.8%) is flirting with closing over $130 for the first time ever as the restaurant stock continues to attract investors.
    • The strong run has shares pushing up against most price targets on Wall Street. Argus is on record with a street high price target of $140.
    • If you have a better play in the restaurant sector than McDonald's, it's time to enter the Seeking Alpha Market Challenge.
    • Related ETF: BITE.
    | Wed, May 4, 2:40 PM | 8 Comments
Company Description
McDonald’s Corp. engages in the provision of food service retail. Its activities include franchise and operation of McDonald’s restaurants globally. The restaurants offer a range of food menu including hamburgers and cheeseburgers, fillet, french fries, salads, sundaes, pies as well as drinks... More
Sector: Services
Industry: Restaurants
Country: United States