- American City Business Journals•23 minutes ago
McDonald’s revealed Wednesday that it will make its famous Quarter Pounders with fresh beef starting in 2018 to keep up with its competition. "Over the past two years, we've made a series of bold, tangible changes for our customers," McDonald's CEO Steve Easterbrook said in a press release .
- The Wall Street Journal•50 minutes ago
McDonald’s will switch to fresh beef from frozen in its Quarter Pounder burgers at the majority of its restaurants nationwide by mid-2018 in one of the biggest moves the company has made to turn around ...
- Reuters•3 hours ago
Investors and analysts said the move, which would compete with rival Wendy's Co's promise of "fresh never frozen beef", could bolster sales but would require restaurant operators to make changes to cooking routines that could slow service. It was not immediately clear what impact the use of fresh beef would have on margins at McDonald's USA, which does not disclose what percentage of sales come from the Quarter Pounder. McDonald's U.S. restaurants have suffered four straight years of traffic declines, resulting in 500 million lost transactions since 2012.
MCD : Summary for McDonald's Corporation Common S - Yahoo Finance
McDonald's Corporation (MCD)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||128.60 - 129.53|
|52 Week Range||110.33 - 131.96|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||23.77|
|Dividend & Yield||3.76 (2.90%)|
|1y Target Est||N/A|