McDonald's Corp
These are JPMorgan’s best stock picks for shoppers heading into June
JPMorgan highlighted a team of shares to kick off the new trading month, reflecting its analysts’ top picks and some new favorites, which includes Carvana and L3Harris Technologies . The firm’s concentrate list features its leading equity tips qualified close to advancement, money, benefit and short strategies, according to a Monday note. Each of the […]
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McDonald’s exec says average menu item costs 40% more than in 2019
A sign is posted in front of a McDonald’s restaurant in San Leandro, California, Feb. 6, 2024. Justin Sullivan | Getty Images A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald’s USA, said in an open letter Wednesday that the average price […]
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McDonald’s might never expand CosMc’s. But the spinoff could still pay dividends
The purple coloring of CosMc’s Tropical Spiceade comes from the mix of lemonade, pineapple flavoring and dragonfruit. Amelia Lucas | CNBC Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is just getting started. The burger giant created the spinoff using one of its […]
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Documentary filmmaker Morgan Spurlock, who skewered rapidly meals market, dies at 53
Morgan Spurlock in town conversing to the Herald’s Tenley Woodman about his new movie. Friday, April 04, 2008. Ted Fitzgerald | Medianews Group | Getty Visuals Documentary filmmaker Morgan Spurlock, an Oscar nominee whose most well-known operates skewered America’s food stuff marketplace and who notably ate only at McDonald’s for a thirty day period to […]
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Why Target and McDonald’s are cutting prices and offering deals
A “low price” sign hangs from a shelf at a Target store in Miami, Florida, on May 20, 2024. Joe Raedle | Getty Images Target‘s weak quarterly earnings underscored why it cut prices on thousands of household staples: It’s struggling to win over bargain hunters. The discounter is not alone. Target’s first-quarter results on Wednesday […]
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McDonald’s franchisee group says $5 value meal can’t last without company investment
An employee hands an order to a customer through a drive-thru window at a McDonald’s restaurant in Oakland, California, April 9, 2020. David Paul Morris | Bloomberg | Getty Images An independent advocacy group of McDonald’s franchisees is weighing in on the company’s upcoming value meal promotion, cheering affordability for the consumer, but pushing for […]
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Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales
An exterior view of a Wendy’s fast-food restaurant in Bloomsburg, Pennsylvania, on May 19, 2024. Paul Weaver | SOPA Images | Getty Images Wendy’s will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull back on dining out. The deal will include a […]
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Are consumers pulling back on spending? It depends which CEO you ask
People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels aren’t. The most recent […]
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Walmart says more diners are buying its groceries as fast food gets pricey
Getty Images (L) | Reuters (R) Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s largest grocer sees a sales opportunity. On a call with CNBC on Thursday, Walmart Chief Financial Officer John David Rainey said some of the discounter’s sales growth […]
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McDonald’s $5 value meal is coming in June — and staying for just a month
A McDonald’s store sign in Austin, Texas, Oct. 30, 2023. Brandon Bell |Getty Images McDonald’s is set to offer a $5 value meal in the U.S., but only for a limited time. The promotion will include four items for $5 — a McChicken or McDouble, four piece chicken nuggets, fries and a drink — and […]
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