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McDonald's Corporation (MCD)

  • Thu, Feb. 26, 7:11 AM
    • McDonald's (NYSE:MCD) is catching the eye of analysts after breaking out with a 10% move over the last month to threaten the $100 level again.
    • Earlier in the week, Janney Montgomery Scott lifted its same-store sales forecast on MCD on its view the broad rise of traffic in the restaurant industry will include the chain.
    • Investors also see a more active board and new CEO as positive factors for the company.
    • McDonald's improved its U.S. comp during Q4, but lost market share to most major fast-food chains.
    • Previously: Restaurant rally leaves Golden Arches behind (Feb. 18 2015)
    • MCD -0.3% premarket.
    | Thu, Feb. 26, 7:11 AM | 2 Comments
  • Wed, Feb. 25, 7:36 AM
    • Labor groups in Europe have accused McDonald's (NYSE:MCD) of skirting around paying €$1B ($1.1B) in taxes by sending revenue through Luxembourg.
    • The European Commission has been asked to investigate the company.
    • It's a fairly common procedure in Europe for U.S. fast-food chains to use a royalty payment system in order to lower their tax rates.
    | Wed, Feb. 25, 7:36 AM | 3 Comments
  • Tue, Feb. 24, 10:53 AM
    • Restaurant stocks are out-performing market averages again as more chains report improved comparable-restaurant sales growth.
    • The read on Q1 is that pricing and traffic trends are strong, despite what some broad measures of overall consumer confidence show.
    • The $2 gas benefit is believed by analysts to have had a greater impact on restaurant spending than other areas of retail.
    • Gainers include Luby's (LUB +4.9%), Cosi (COSI +5.4%), Rave Restaurant Group (RAVE +4.5%), Texas Roadhouse (TXRH +2.4%), Krispy Kreme Dougnuts (KKD +2.8%), Popeyes Louisian Kitchen (PLKI +1.7%), Bob Evans Farms (BOBE +1.1%), Darden Restaurants (DRI +1.4%).
    • Even McDonald's (MCD +0.8%), which trailed the Q4 comp average in the sector by a wide margin, is out ahead of the S&P 500.
    • Previously: Cracker Barrel +4.1% after traffic accelerates and guidance lifted
    | Tue, Feb. 24, 10:53 AM | 5 Comments
  • Thu, Feb. 19, 9:28 AM
    • Shares of McDonald's (NYSE:MCD) are on watch after Wal-Mart announces a broad increase in hourly wages for its U.S. workers.
    • The two companies have been the largest targets of labor protests over the last year over their wage policies.
    • Fast-food chains Wendy's (NASDAQ:WEN), Burger King (NYSE:QSR), and Taco Bell (NYSE:YUM) have also seen more demonstrations than the remainder of the sector.
    | Thu, Feb. 19, 9:28 AM | 16 Comments
  • Wed, Feb. 18, 10:46 AM
    • Restaurants stocks are out-performing as a group after Jack in the Box, Qdboa, Tim Hortons, and Burger King all reported comparable-restaurant sales momentum this week.
    • The recent round of earnings from the sector has confirmed analyst predictions of a benefit from lower gas prices in the U.S.
    • The developments have also made the recent performance by McDonald's ((NYSE:MCD) -0.2%) look even more anemic.
    • Previously: Let's talks $2 gas (Nov. 29 2014)
    • Previously: Restaurant sales show sharp increase in January (Feb. 11 2015)
    • Leading gainers: Jack in the Box (NASDAQ:JACK) +6.0%, BJ's Restaurants (NASDAQ:BJRI) +3.6%, Sonic (NASDAQ:SONC) +2.6%, Texas Roadhouse (NASDAQ:TXRH) +2.2%, Brinker International (NYSE:EAT) +2.1%, Luby's (NYSE:LUB) +2.0%, Wendy's (NASDAQ:WEN) +1.5%, Cheesecake Factory (NASDAQ:CAKE) +1.4%, Nathan's Famous (NASDAQ:NATH) +1.3%, Ark Restaurants (NASDAQ:ARKR) +1.3%.
    | Wed, Feb. 18, 10:46 AM | 11 Comments
  • Sat, Feb. 14, 10:13 AM
    • Craft soda is starting to become a trend to watch closely, according to industry insiders.
    • Though still accounting for only ~1% of the total U.S. soda market, major retail chains have increasingly been willing to bet on local craft brands in store aisles.
    • The craft craze is old news for the beer industry where coming-of-age millennials buy craft/local beers at a 50% higher rate than brand-loyal older generations. Fading stars such as Budweiser and Bud Light are testament to the impact of the millennial paradigm.
    • The craft influence in coffee hasn't been lost on Starbucks which has strategically deployed trucks on college campuses in an effort to win over students.
    • Despite the progressive reputation of Starbucks, analysts think new upstarts such as Craft (subscription) and Cups (app) have a shot of gaining influence with the Indie-minded millennial crowd on "customization" and pricing.
    • What to watch: An increase in M&A activity in the beverage sector is expected as major companies strategically pick off more local craft brands to incubate.
    • Craft coffee watch: GMCR, SBUX, JVA, SJM, KRFT, DNKN, QSR, MCD.
    • Craft soda watch: PEP, KO, MNST, COT, DPS, OTCQB:JSDA, REED, SODA,  FIZZ.
    | Sat, Feb. 14, 10:13 AM | 24 Comments
  • Fri, Feb. 13, 4:53 PM
    • A McDonald’s (NYSE:MCD) shareholder group is calling for changes to the company’s board - most of whom have served for more than a decade - because of ongoing sales woes.
    • CtW Investment Group, which manages pension funds that hold about 0.2% of MCD shares, is demanding a "robust refreshment of the board’s membership and leadership."
    • CtW's executive director tells WSJ that naming a new CEO and the board’s election of a Google exec as a new member were positive steps, but that the board needs more new voices and should disclose its succession plan.
    | Fri, Feb. 13, 4:53 PM | 12 Comments
  • Mon, Feb. 9, 2:22 PM
    • Shares of McDonald's (MCD -1.3%) trade lower after the company's 1.8% decline in January global comps was worse than the consensus forecast for -1.2%.
    • Though analysts see a bright spot in the U.S. with the restaurant chain turning over a positive comp for a second straight month, they warn that the fragile APMEA region could remain under pressure for the first half of the year.
    • Comp sales fell off an alarming 39% in Japan during the month.
    • The report on February U.S. sales from McDonald's is of interest to see if the highly-advertised Pay with Lovin' program was able to budge the needle.
    • A WSJ reporter had a cringeworthy Pay with Lovin' experience last week in what could be an indication of a strategic misfire.
    • Others have noted the feel-good aspect of the campaign may be hard to bring home with labor unrest existing in the McDonald's employee ranks.
    • Previously: Asia drags down McDonald's in January
    | Mon, Feb. 9, 2:22 PM | 9 Comments
  • Mon, Feb. 9, 8:23 AM
    • McDonald's (NYSE:MCD) reports global comparable-store sales fell 0.8% in January.
    • The company saw the comp slide 12.6% on the APMEA region (Asia/Pacific, Middle East, and Africa). A shift in the timing of the Chinese New Year was a factor.
    • The U.S. comp turned mildly positive at +0.4% due to some strength in the breakfast daypart.
    • The company's performance Germany and the U.K. helped bring up the European comp to +0.5%.
    • MCD -0.8% premarket.
    | Mon, Feb. 9, 8:23 AM | 1 Comment
  • Thu, Feb. 5, 7:36 AM
    • The labor dispute between ship operators and dockworkers on the West Coast has ratcheted up again to threaten the pace of work at 29 ports in Washington, Oregon, and California.
    • Observers at the L.A. and Long Beach ports say freighters are at anchor with no open berths due to a planned slowdown in progress.
    • Honda (NYSE:HMC) and Subaru (OTCPK:FUJHY) are shipping some parts to the U.S. through air services to avoid the crawl.
    • McDonald's (NYSE:MCD) has airlifted 100 tons of french fries to the region to stock restaurants.
    • Other companies impacted by the development include Gap (NYSE:GPS), Lululemon (NASDAQ:LULU), Wal-Mart (NYSE:WMT), Kohl's (NYSE:KSS), Macy's (NYSE:M), and J.C. Penney (NYSE:JCP)
    • FedEx (NYSE:FDX) and UPS (NYSE:UPS) could see a marginal benefit in some cases from companies facing a parts crunch, observe analysts
    | Thu, Feb. 5, 7:36 AM | 10 Comments
  • Tue, Feb. 3, 11:15 AM
    • The integration of mobile ordering is a major theme in the restaurant industry this year.
    • Starbucks (NASDAQ:SBUX) and Domino's Pizza (NYSE:DPZ) have raised the bar the highest, while peers have gone into chase mode.
    • Today, Wendy's (NASDAQ:WEN) reported a significant 3% sales lift in a 35-unit test run of an app order/dedicated drive-through program (h/t Barbarian Capital, Wendy's Investor Day webcast ).
    • Two companies struggling with their drive-through windows due to kitchen complexity, Panera Bread (NASDAQ:PNRA) and McDonald's (NYSE:MCD), have their eyes on in-store ways to boost sales. In the case of McDonald's, the plan is to use self-order kiosks.
    • Chipotle (NYSE:CMG) reports Q4 results after the bell today where there will be a focus on if the company's new mobile app had any impact on pick-up orders.
    | Tue, Feb. 3, 11:15 AM | Comment!
  • Mon, Feb. 2, 3:27 PM
    • McDonald's (MCD -0.5%) should focus on its strengths, according to analysis from Crain's.
    • A plan to add more options for its Quarter Pounder menu item could be more productive than the ambitious Create Your Taste program which poses as a risk to kitchen complexity.
    • Crain's thinks the restaurant chain has misfired with items priced too high and could benefit from a simplified focus on burgers, fries, and shakes again.
    | Mon, Feb. 2, 3:27 PM | 11 Comments
  • Fri, Jan. 30, 10:21 AM
    • A difficult decision is coming for McDonald's (MCD -0.4%) with a new leadership team now in place.
    • The restaurant chain has announced an ambitious Create Your Taste program which will allow consumers to customize their orders.
    • The costly initiative is aimed at creating a fast-casual feel which will draw in millennials, but at the risk of worsening store execution and creating a mixed message globally.
    • If the company sticks with the plan, it might be without the full backing of franchisees.
    • There's a growing number of reports indicating that franchisees back a McDonald's strategy of dropping attempts to clone Starbucks or Chipotle to focus on burgers and fries with a smaller menu.
    • Previously: Tall order for new McDonald's CEO (Jan. 28 2015)
    | Fri, Jan. 30, 10:21 AM | 5 Comments
  • Wed, Jan. 28, 10:27 PM
    • The CEO change at McDonald's (NYSE:MCD) is a signal to investors the company is serious about changing the status quo, according to analysts.
    • The restaurant giant, which is coming off a 4.1% comp slide in 2014 and has already warned on pressure through the first half of the year, has also hired a new CFO and created a Chief Administrative Officer position.
    • Much of the skepticism over the ability of the 36K-store chain to grow sales again hinges on a brand viewed by consumers as in decline (bloated menu, poor service, unhealthy) and being passed over by millennials.
    • Irony check: Greasy burgers are still selling, just not at McDonald's
    • Numbers check: Mickey D's Dec. U.S. comps -1.7% vs. +3.1% for the sector.
    • Shares of MCD rose 3.39% to $91.79 in after hours trading.
    | Wed, Jan. 28, 10:27 PM | 23 Comments
  • Wed, Jan. 28, 5:45 PM
    • McDonald's (NYSE:MCD) says Don Thompson is retiring as president and CEO of the company.
    • Current Chief Brand Officer Steve Easterbrook has been elected to replace Thompson.
    • Shares +2.6% after hours.
    | Wed, Jan. 28, 5:45 PM | 42 Comments
  • Wed, Jan. 28, 5:00 PM
    • McDonald's (NYSE:MCD) declares $0.85/share quarterly dividend, in line with previous.
    • Forward yield 3.83%
    • Payable March 16; for shareholders of record March 2; ex-div Feb. 26.
    | Wed, Jan. 28, 5:00 PM | Comment!
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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