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McDonald's Corp (MCD.N)

MCD.N on New York Stock Exchange

174.06USD
15 Dec 2017
Change (% chg)

$0.92 (+0.53%)
Prev Close
$173.14
Open
$174.30
Day's High
$175.06
Day's Low
$173.68
Volume
4,193,387
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960,401
52-wk High
$175.06
52-wk Low
$118.18

Latest Key Developments (Source: Significant Developments)

McDonald's on conf call- Beginning in 2019, expect to return to revenue growth ‍​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - McDonald's :On conf call- beginning in 2019, once we've lapped completion of major refranchising transactions, expect to return to revenue growth ‍​.Received cash proceeds of about $1.6 billion from China, Hong Kong franchising deal, plan to use proceeds to repurchase shares‍​.Franchise margins will now comprise more than 80% of our total restaurant margin dollars going forward.Q3 and 4Q G&A are higher than Q1 and Q2 this year, primarily due to higher technology spending and higher spend in the u.s..Through partnership with Uber Eats, now offer delivery 3,700 restaurants and are on track to reach 5,000 restaurants by year-end.Operating income will be down in near term due to franchising.Mcdelivery is profitable, incremental business.US president - "going to see us next year being really fully competitive with our nearest competitors with the value program ".US president - value program is going to be focused on $1, $2 and $3 price points.  Full Article

McDonald's expects net restaurant additions to add about 1 pct point to 2017 systemwide sales growth
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - McDonald's Corp :McDonald's - Expects net restaurant additions to add about 1 percent point to 2017 systemwide sales growth (in constant currencies) - SEC filing‍​.McDonald's - Expects capital expenditures for 2017 to be approximately $1.7 billion, about one-third of which will be used to open new restaurants‍​.McDonald's - Expects capital expenditures for 2017 to be about $1.7 billion, about one-third of which will be used to open new restaurants‍​.  Full Article

Mcdonald's reports Q3 earnings per share $2.32
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - McDonald's :McDonald's reports third quarter 2017 results.Q3 earnings per share $2.32.Q3 earnings per share view $1.77 -- Thomson Reuters I/B/E/S.McDonald's qtrly ‍global comparable sales increased 6.0%, reflecting positive guest counts in all segments​.McDonald's - ‍In U.S., Q3 comparable sales increased 4.1%​.McDonald's - ‍comparable sales for international lead segment increased 5.7% for quarter​.McDonald's - ‍Due to impact of co's strategic refranchising initiative, consolidated revenues decreased 10% (12% in constant currencies) in quarter​.McDonald's - Qtrly total revenues $5,754.6 million versus $6,424.1 million.McDonald's - ‍In high growth segment, Q3 comparable sales increased 6.2%, led by strong performance in China​.Q3 earnings per share $1.76 excluding items.McDonald's - Foreign currency translation had a positive impact of $0.02 on diluted earnings per share for the quarter‍​.  Full Article

CapGemini signs multi-year IT strategic provider agreement with McDonald's Corp
Monday, 28 Aug 2017 

Aug 28 (Reuters) - CAPGEMINI SE ::SIGNED A MULTI-YEAR IT STRATEGIC PROVIDER AGREEMENT WITH MCDONALD’S CORPORATION.WITH SUPPORT FROM PUBLICIS.SAPIENT CAPGEMINI WILL BE MCDONALD’S GLOBAL IT STRATEGIC PROVIDER FOR RESTAURANT AND DIGITAL CAPABILITIES.  Full Article

Citic completes acquisition of interest in McDonald's mainland China & Hong Kong businesses
Friday, 4 Aug 2017 

Aug 4 (Reuters) - Citic Ltd <0267.HK>::Completion of acquiring a controlling interest in McDonald's mainland China and Hong Kong businesses.Acquisition of controlling interest in McDonald's mainland China and Hong Kong businesses was completed on 31 July 2017.  Full Article

Mcdonald's sets quarterly cash dividend
Thursday, 25 May 2017 

May 24 (Reuters) - Mcdonald's :Mcdonald's announces quarterly cash dividend.Sets quarterly cash dividend of $0.94per share.  Full Article

Mcdonald's says sells Nordic Restaurants to Guy Hands
Friday, 27 Jan 2017 

Mcdonald's Corp : Mcdonald's says signed share sale and purchase agreement, agreed on master franchise agreement with Guy Hands; financial terms are not disclosed Source (http://bit.ly/2kufQCF) Further company coverage: [MCD.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Mcdonald's expects to incur $130 mln pretax charge in Q3
Friday, 14 Oct 2016 

Mcdonald's Corp : Mcdonald's announces third quarter strategic charges . Mcdonald's Corp - Going forward, company expects to incur additional strategic charges in connection with ongoing initiatives . Mcdonald's - For quarter ended Sept 30, 2016, expects to incur approximately $130 million in pretax charges, or about $0.12 per share on an after-tax basis .Strategic changes related to initiatives outlined in November 2015.  Full Article

McDonald's raises quarterly cash dividend by 6%
Thursday, 29 Sep 2016 

Mcdonald's Corp : McDonald's raises quarterly cash dividend by 6% . Declared a quarterly cash dividend of $0.94 per share of common stock payable on December 15, 2016 . Through August 2016, company returned a cumulative $26 billion against its three-year, $30 billion cash return to shareholders target .Sets FY cash dividend of $3.76per share.  Full Article

U.S. Consumer Product Safety Commission- McDonald's recalls "step-it" activity wristbands
Tuesday, 23 Aug 2016 

U.S. Consumer Product Safety Commission: McDonald's recalls "step-it" activity wristbands due to risk of skin irritation or burns .McDonald's recalls about 29 million units in U.S. (in addition, about 3.6 million units in Canada) of wristbands.  Full Article

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Hamburger chain Wendy's to reduce antibiotic use in beef supply

CHICAGO Hamburger chain Wendy's Co laid out plans on Friday to trim the use of antibiotics that are important to human medicine from its beef supply, the latest step by a food company to fight concerns about resistance to the drugs in people.