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McDonald's Corporation (MCD)

NYSE - NYSE Delayed price. Currency in USD
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293.76-3.36 (-1.13%)
At close: 04:00PM EST
294.25 +0.49 (+0.17%)
After hours: 07:59PM EST
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  • Reuters

    UPDATE 1-Indian state to inspect outlets of global fast-food chains after McDonald's cheese crackdown

    India's western state of Maharashtra will inspect outlets of global fast-food brands to check if they use cheese alternatives in products wrongly promoted as containing real cheese, widening scrutiny beyond a crackdown on McDonald's, a top official said. The checks threaten to cause a headache for global brands after recent inflationary pressure hit consumption of burgers and pizzas that are pricey for many Indian consumers, prompting firms to launch of discounted offerings.

  • Reuters

    Indian state to inspect global fast-food chains after McDonald's cheese crackdown

    India's western state of Maharashtra will inspect outlets of global fast-food brands to check if they use cheese alternatives in products wrongly promoted as containing real cheese, widening scrutiny beyond a crackdown on McDonald's, a top official said. The checks threaten to cause a headache for global brands after recent inflationary pressure hit consumption of burgers and pizzas that are pricey for many Indian consumers, prompting firms to launch of discounted offerings.

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    Domino's (DPZ) fourth-quarter fiscal 2023 top line benefits from higher global franchise royalties and fees.