Previous Close | 231.05 |
Open | 229.50 |
Bid | 228.00 x 800 |
Ask | 229.23 x 900 |
Day's Range | 228.39 - 232.15 |
52 Week Range | 217.68 - 271.15 |
Volume | |
Avg. Volume | 3,357,068 |
Market Cap | 169.356B |
Beta (5Y Monthly) | 0.57 |
PE Ratio (TTM) | 24.17 |
EPS (TTM) | 9.48 |
Earnings Date | Jul 26, 2022 - Aug 01, 2022 |
Forward Dividend & Yield | 5.52 (2.39%) |
Ex-Dividend Date | Feb 28, 2022 |
1y Target Est | 280.57 |
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It might sell Big Macs and fries in bright red cups but it definitely will not be McDonald's . As casualties grew to thousands and the assault on most Ukrainian cities continued, McDonald's remaining in the country became an increasingly damaging PR move. By May 19, the company announced that it had struck a deal to permanently sell all of its Russian locations to local franchisor Alexander Govor.
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McDonald’s has agreed to sell its Russian business to Alexander Govor, a local franchisee who operates 25 of the chain’s restaurants in Siberia. Under the terms of the deal announced on Thursday, Govor will take over the group’s entire Russian portfolio of about 850 restaurants, operate them under a new brand and offer a different menu. McDonald’s did not disclose a price for the sale, which the chain said remained “subject to certain conditions, including regulatory approval, with closing expected to occur in the coming weeks”.