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McDonalds - MCD STOCK NEWS

Welcome to our dedicated page for McDonalds news (Ticker: MCD), a resource for investors and traders seeking the latest updates and insights on McDonalds stock.

McDonald's Corporation (MCD) maintains its industry leadership through strategic franchising and continuous innovation. This news hub provides investors with essential updates on corporate developments, financial performance, and operational milestones.

Key resources include: Quarterly earnings releases, partnership announcements, leadership changes, and market expansion updates. Track regulatory filings, menu innovations, and sustainability initiatives that shape McDonald's global strategy.

Our curated collection features official press releases alongside analyzed financial developments. Stay informed about royalty fee structures, franchise network growth, and consumer trend adaptations in the quick-service restaurant sector.

Bookmark this page for real-time updates on MCD's operational decisions and their market implications. Combine these insights with fundamental analysis tools for comprehensive investment research.

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McDonald's reported second quarter 2024 results, showing a 1% increase in consolidated revenues to nearly $6.5 billion in constant currencies. However, global comparable sales decreased by 1.0% across all segments. Systemwide sales to loyalty members reached over $26 billion for the trailing twelve-month period and approximately $7 billion for the quarter.

Key financial metrics include:

  • Consolidated operating income decreased 6% (5% in constant currencies)
  • Diluted earnings per share was $2.80, a decrease of 11% (10% in constant currencies)
  • U.S. comparable sales decreased 0.7%
  • International Operated Markets segment decreased 1.1%
  • International Developmental Licensed Markets segment decreased 1.3%

The company faced challenges due to negative comparable guest counts and the ongoing impact of the war in the Middle East, particularly affecting the China market.

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McDonald's (MCD) has announced a quarterly cash dividend of $1.67 per share of common stock. The dividend will be payable on September 17, 2024 to shareholders of record at the close of business on September 3, 2024. This announcement demonstrates McDonald's commitment to returning value to its shareholders through regular dividend payments.

The company also reminded investors to visit their Investor Relations website for important news and information, including the timing of future investor conferences and earnings calls. McDonald's utilizes this website as a primary channel for disclosing key information to investors, which may include material and previously non-public information.

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Condado Tacos has announced Derrick Pratt as the new CEO, effective July 1, 2024. Pratt, with nearly 40 years of experience in the restaurant industry, previously served as COO at Portillo's (PTLO) and held significant roles at Starbucks (SBUX) and McDonald's (MCD).

Under Pratt's leadership at Portillo's, he drove key technology initiatives and led the company through a successful IPO in 2021. Condado Tacos, which has doubled its locations in the past three years, aims to leverage Pratt's expertise for its next growth phase.

Pratt is expected to focus on strategic expansion, operational processes, and people development at Condado Tacos, aligning with the company's vision and culture. Condado Tacos currently operates 50 locations across 10 states.

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On May 22, 2024, McDonald's Board of Directors announced a quarterly cash dividend of $1.67 per share of common stock.

This dividend will be payable on June 17, 2024, to shareholders who are recorded by the close of business on June 3, 2024.

For further updates, including future investor conferences and earnings calls, stakeholders are encouraged to visit McDonald's Investor Relations website.

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McDonald's reported positive first-quarter 2024 results with global comparable sales up by 1.9%, marking 13 consecutive quarters of growth. Consolidated revenues exceeded $6 billion, a 5% increase over the previous year. Diluted earnings per share rose by 9% to $2.66. The company remains focused on leveraging competitive advantages for long-term growth.

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McDonald's All American Games Selection Committee honors Joyce Edwards and Dylan Harper with the 2024 Morgan Wootten National Players of the Year Award for their outstanding character, leadership, and community involvement. Both high school stars will showcase their talents in the 47th annual McDonald's All American Games.
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Krispy Kreme and McDonald's announce a partnership to offer fresh Krispy Kreme doughnuts daily at McDonald's restaurants nationwide. The phased rollout will start in the second half of 2024, with nationwide availability expected by the end of 2026. Three popular Krispy Kreme doughnuts will be available individually or in boxes of six at McDonald's restaurants throughout the day. The partnership aims to provide fans unprecedented daily access to fresh doughnuts and significantly increase Krispy Kreme's points of access by the end of 2026.
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McDonald's announced the retirement of Enrique Hernandez, Jr. as Chairman of the Board, with Chris Kempczinski assuming the combined role of CEO and Chairman. Mike Hsu, Chairman of Kimberly-Clark, has been nominated as an independent director. The company aims to continue its strong performance and brand growth.
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McDonald's declares a quarterly cash dividend of $1.67 per share of common stock, payable on March 15, 2024, to shareholders of record at the close of business on March 1, 2024. Investors can find more information on the company's Investor Relations section at www.investor.mcdonalds.com.
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McDonald's Corporation (MCD) has deepened its partnership with Operation HOPE by becoming a 'Founder's Circle' member of The 1865 Project. McDonald's generous contribution of $1 million reaffirms its dedication to supporting national financial literacy initiatives. The donation will bolster Operation HOPE's groundbreaking endeavor, inspired by the historic Freedman's Bureau, to educate newly freed Americans.
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McDonalds

NYSE:MCD

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222.60B
713.36M
0.19%
74.29%
1.54%
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