Latest McDonald's Corp News
Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales
Plant-based meat maker Beyond Meat urged investors to look past its mixed first quarter results Wednesday, saying a new, healthier burger hitting U.S. shelves now will help reignite weak sales. “We really do believe we are at the early stages of a pivotal and terrific year for...
DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
DoorDash reported higher-than-expected revenue in the first quarter as strong growth in U.S. grocery orders helped make up for slowing restaurant demand. But the company's shares fell more than 15% in after-hours trading Wednesday as investors appeared concerned about rising costs. ...
McDonald's plans to step up deals and marketing to combat slower fast food traffic
McDonald’s plans to step up deals and value messaging to combat slowing sales. The Chicago burger giant said inflation-weary customers are eating out less often in many big markets. In the first quarter, fast food traffic was flat or down in the U.S., Australia, Canada, Japan, the...
McDonald's: Q1 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — McDonald's Corp. (MCD) on Tuesday reported first-quarter net income of $1.93 billion. On a per-share basis, the Chicago-based company said it had net income of $2.66. Earnings, adjusted for non-recurring costs, came to $2.70 per share. ...
