McDonald's Corp (0R16.IL)
| Previous close | 275.50 |
| Open | 271.00 |
| Bid | 0.00 x N/A |
| Ask | 0.00 x N/A |
| Day's range | 270.44 - 271.75 |
| 52-week range | 245.79 - 302.36 |
| Volume | |
| Avg. volume | 20,708 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
Why value needs to be the main focus for fast food restaurants
As inflationary pressures mount, consumer spending has shown signs of slowing, with fast-food and fast-casual dining chains feeling the pinch. Joining Market Domination to discuss the importance of value within the restaurant industry are Bernstein Senior Analyst for U.S. Restaurants Danilo Gargiulo and UBS Executive Director of Equity Research Dennis Geiger. Gargiulo acknowledges that attracting customers has become "incrementally harder," with "traffic slowing down across the entire industry." He emphasizes that chains need to "be mindful" of ensuring value is a core component of their offerings. However, for giants like McDonald's (MCD), which operate under a franchise model, the question of profitability for individual franchisees and aligning their interests arises. Geiger echoes the sentiment, noting "an industry slowdown" within the quick-service restaurant and fast-food sectors. He attributes this trend to a variety of factors, including price increases, the broader inflationary environment, and even tightening consumer budgets. Regardless of the root causes, Geiger asserts that "there's softness" in consumer demand, particularly among lower-income consumers. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith
- Simply Wall St.
Here's Why McDonald's (NYSE:MCD) Has Caught The Eye Of Investors
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
- Yahoo Finance Video
McDonald's has 'outpriced' customers amid menu hikes: Analyst
McDonald's (MCD) first-quarter earnings report showcased a combo meal of international headwinds, including global sales growth slowing behind figures from this time last year and boycotts related to the ongoing Israel-Palestine conflict. Additionally, inflation and rising menu prices are taking a toll on lower-income consumers. On the fast-food chain's earnings call, McDonald's CEO Chris Kempczinski stated that "consumers continue to be even more discriminating with every dollar that they spend as they face elevated prices in their day-to-day spending." Placer.ai Head of Analytical Research R.J. Hottovy sits down with Catalysts to discuss whether McDonald's item prices are beginning to price out certain consumer demographics. Placer.ai data found McDonald's to maintain higher monthly foot traffic growth over the past year than its competition. "Right now consumers are really focused on value, and not just discounts. I think that low price point is something that they're certainly focused in on," Hottovy says. "We've seen groups that really market around a low price point, generally a higher visitation trade. And so I think that's what McDonald's may be pivoting to in the future. There's a lot of discussion about future value plans in the US and abroad in the earnings call today. I think that's really going to be a key message..." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
