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McDonald's Corporation (MCD)

- NYSE
  • Fri, Jun. 26, 3:26 PM
    • McDonald's (MCD +1.5%) plans to unveil a 4.25 ounce premium burger with more pronounced searing marks, according to an internal memo leaked to CNBC.
    • The company has already said it will toast buns longer and grill its meat differently in order to create a better tasting hamburger.
    • Analysts think the fast-food chain is looking to compete more directly with Shake Shack, Five Guys, Habit Restaurants, Smashburger, In-N-Out Burger, and others at the higher burger price points.
    | 30 Comments
  • Fri, Jun. 26, 11:55 AM
    • Large restaurant chains are showing some strength after consumer sentiment rose to a five-month high.
    • The sector has done very on the pricing and mix end of the matrix, but is still seeing overall sluggish traffic trends.
    • Notable gainers include Restaurant Brands International (NYSE:QSR) +2.3%, Red Robin Gourmet Burgers (NASDAQ:RRGB) +2.3%, Domino's Pizza +2.1% to a new all-time high, Yum Brands (NYSE:YUM) +1.4%, Denny's (NASDAQ:DENN) +1.2%
    • McDonald's (NYSE:MCD) is +0.6% to $96.49. Shares of MCD have poked their head over $100 a few times this year, but many analysts think the company needs to report positive U.S. comparable-store sales growth to escape its current trading range.
    | 2 Comments
  • Fri, Jun. 19, 12:26 PM
    • McDonald's (MCD +0.3%) discloses more details on how its Create Your Taste platform will operate.
    • Orders placed by customers from the specialized Create Your Taste menu are cooked at separate stations than the traditional store kitchen. Orders take five to eight minutes to prepare and are hand-delivered to customer tables in an open-faced basket.
    • The restaurant chain has stores in six different states and one in Australia testing the format.
    • A broad roll-out to over 2K U.S. locations is expected.
    | 7 Comments
  • Thu, Jun. 18, 8:00 AM
    • McDonald's (NYSE:MCD) will reduce the number of restaurants it operates in the U.S. for the first time in at least 40 years, according to research by the Associated Press.
    • The estimate takes into account the underperforming stores targeted by McDonald's for closures and new store opening planned for the year as disclosed in SEC filings.
    • The restaurant chain currently has about 14,300 stores in the U.S.
    | 15 Comments
  • Sat, Jun. 13, 10:39 AM
    • The hiring by McDonald's (NYSE:MCD) of former Obama press secretary Robert Gibbs as it chief communications executive was motivated in part by politics, reasons Restaurant News.
    • The company is fighting a ruling by the National Labor Relations Board that classifies the restaurant chain as a joint employer of franchisee workers.
    • The distinction is potentially damaging for McDonald's.
    • A bill covering the franchisor-franchisee relationship is expected to be introduced in Congress - a development which will be closely monitored by the restaurant industry and a key focus for Gibbs.
    • Gibbs will also be busy with Mickey D's a lightning rod on the political issues of minimum wages and healthy eating.
    • Previously: Key executive positions filled at McDonald's (June 9)
    • MCD +1.44% YTD vs. S&P 500 +2.16%.
    | 36 Comments
  • Wed, Jun. 10, 8:56 AM
    • Egg prices continue to soar as the avian flu ravages chicken farms across five states in the Midwest.
    • The outbreak has reduced the national flock by 12%, according to an academic study.
    • In a separate development, an undercover study by the Humane Society has identified abusive policies at egg suppliers for Costco (NASDAQ:COST).
    • The animal rights group is pushing for broad industry reform on the living conditions of chickens.
    • The spike in egg prices has been passed on to varying degrees to consumers, although some companies have felt a margin pinch.
    • Egg pricing is in the background at McDonald's (NYSE:MCD), Denny's (NASDAQ:DENN), Nestle (OTCPK:NSRGY), Dunkin' Brands (NASDAQ:DNKN), Post Holdings (NYSE:POST), and Dine Equity (NYSE:DIN) via IHOP.
    • Cal-Maine Foods (NASDAQ:CALM) and Archer Daniels Midland (NYSE:ADM) have been positioned to benefit from the egg squeeze.
    • The hardest hit group is local bakeries which rely on eggs at market prices.
    | 7 Comments
  • Tue, Jun. 9, 12:22 PM
    • McDonald's (MCD -0.6%) names Robert Gibbs to fill the role of Global Chief Communications Officer
    • Gibbs served as President Obama's press secretary in his first administration.
    • The company appointed Silvia Lagnado to be its Global Chief Marketing Officer.
    • Lagnado is the former CMO at Bacardi Limited.
    • Both execs will report to CEO Steve Easterbrook.
    | 7 Comments
  • Mon, Jun. 8, 11:42 AM
    • McDonald's (NYSE:MCD) trades level on the day as a sales burst in parts of Europe helped the restaurant chain offset in part ongoing weakness in Asia and the U.S. during May.
    • Miller Tabak thinks comp sales in Asia will be negative through Q3 as supply issues in Japan and China linger.
    • The McDonald's turnaround path in the U.S. is seen by Sterne Agee CRT as roughly in-line with expectations, although other retail analysts are quick to note McDonald's continues to peel off QSR market share to rivals such as Burger King, Wendy's, Sonic, and Jack in the Box.
    • Previously: McDonald's global comp -0.3% vs. -0.9% expected
    | 2 Comments
  • Mon, Jun. 8, 8:04 AM
    • McDonald's (NYSE:MCD) reports global comparable-store sales fell 0.3% in May vs. -0.9% expected.
    • The comp in the U.S. was -2.2%, while the Asia/Pacific/Middle East/Africa region reported -3.2% comparable-store sales growth.
    • The restaurant chain continued to show improvement in Europe with a 2.3% increase in comparable-store sales.
    • Systemwide McDonald's sales were 7.2% lower Y/Y (+1.8% constant currency) in May.
    • YTD McDonald's global comparable-store sales -1.5%.
    • MCD +0.55% premarket to $96.07.
    | 5 Comments
  • Thu, Jun. 4, 1:55 PM
    | 7 Comments
  • Wed, Jun. 3, 3:09 PM
    • There's quite a bit of action in the hamburger sector.
    • Wendy's (NASDAQ:WEN) says it aims to open 1,000 new restaurants by 2020 in an aggressive push.
    • The company isn't the only one looking to increase its store count. IPO high-fliers Shake Shack (NYSE:SHAK) and Habit Restaurants (NASDAQ:HABT) are expanding along with Smashburger and Five Guys. All four chains are looking to build off their differentiated concepts.
    • Sector giant McDonald's (NYSE:MCD) is pushing innovation at its fastest pace in years. All-day breakfast and a Create Your Taste customization platform are two of its initiatives.
    • Sonic (NASDAQ:SONC), Burger King (NYSE:QSR), and Jack in the Box (NASDAQ:JACK) have shown blazing same-store sales growth to start the year. The trio bumps up against a tougher compare in Q2.
    • Though store traffic trends have been favorable, two drags on profits in the burger sector are entry-level wage increases and escalated beef costs.
    | 7 Comments
  • Wed, Jun. 3, 2:32 AM
    • FIFA president Sepp Blatter's decision to resign amid corruption allegations at soccer's governing body is a relief for corporate sponsors who have called for more transparency at the organization.
    • "FIFA needs profound restructuring," Blatter declared. "Although the members of FIFA gave me a new mandate, this mandate does not seem to be supported by everyone in the world."
    • Sponsors Coca-Cola (NYSE:KO), Visa (NYSE:V), Adidas (OTCQX:ADDYY), Hyundai (OTC:HYMLF) and Anheuser-Busch InBev (NYSE:BUD) called the resignation a positive step, but some sponsors said they expected FIFA to do more to clean up its act.
    • Previously: Sponsors face pressure after FIFA scandal (May. 29 2015)
    | 7 Comments
  • Fri, May 29, 12:06 PM
    • Deutsche Bank picks McDonald's (NYSE:MCD) and Darden Restaurants (NYSE:DRI) as its top two restaurants stocks.
    • Turnaround plans at both companies will yield improved results for shareholders, according to DB.
    • Analysts call the reorganization of brands and business groups at McDonald's and Darden a strategic move.
    • The investment firm is cautious on the restaurant sector overall, with Hold ratings initiated on Sonic (NASDAQ:SONC), Zoe's Kitchen (NYSE:ZOES), Yum Brands (NYSE:YUM), Texas Roadhouse (NASDAQ:TXRH), Panera Bread (NASDAQ:PNRA), Bloomin' Brands (NASDAQ:BLMN).
    | 5 Comments
  • Fri, May 29, 3:51 AM
    • The corruption scandal engulfing FIFA is having corporate sponsors ponder whether to back away from the powerful marketing outlet, although severing ties will not likely be easy.
    • Visa (NYSE:V) said it wants sweeping changes at FIFA and could otherwise end its agreement, which runs until 2022. Other top sponsors such as Adidas (OTCQX:ADDYY), McDonald's (NYSE:MCD) and Coca-Cola (NYSE:KO) also expressed deep concerns.
    • FIFA collected $1.6B in sponsorship money in the four years leading up to the 2014 World Cup, nearly half of which came from its six top "partners" (the four mentioned above, Emirates and Hyundai (OTC:HYMLF)).
    • Meanwhile, Sepp Blatter is expected to secure re-election as FIFA President today, despite the many calls for him to step down.
    | 6 Comments
  • Wed, May 27, 9:10 AM
    • Execs with McDonald's (NYSE:MCD) were at the podium at the Bernstein Strategic Decisions Conference early this morning.
    • A good part of the presentation covered some of the new initiatives due to be unveiled at the company in pilot programs which include kiosk ordering and premium burger selections.
    • The company remains non-committed to a REIT option, although it says it will continue to evaluate the strategy.
    • Monthly sales reporting by the restaurant chain will be discontinued after July 1.
    • Shares of MCD are slightly ahead of market averages after the talk, +0.3% premarket.
    • Webcast
    | 19 Comments
  • Thu, May 21, 4:40 PM
    • McDonald's (NYSE:MCD) declares $0.85/share quarterly dividend, in line with previous.
    • Forward yield 3.42%
    • Payable June 15; for shareholders of record June 1; ex-div May 28.
    | 3 Comments
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Company Description
McDonald's Corp franchises and operates McDonald's restaurants in the food service industry. Its geographic segments include the United States, Europe, and Asia-Pacific, Middle East and Africa.
Sector: Services
Industry: Restaurants
Country: United States