|Bid||64.50 x 0|
|Ask||65.75 x 0|
|Day's Range||64.45 - 65.74|
|52 Week Range||46.54 - 66.50|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||7.42|
|Forward Dividend & Yield||1.32 (2.03%)|
|Ex-Dividend Date||Aug 31, 2020|
|1y Target Est||N/A|
Many people shifted from in-person dining to takeout and delivery once the outbreak hit, which led to robust lines at the drive-thru and plenty of revenue for major players in the fast food space, like McDonald's (NYSE: MCD). Specifically, it intends to close hundreds of its restaurants located inside Walmart (NYSE: WMT) stores. Big-box retailers like Walmart have increasingly evolved into mini-malls, and the presence of in-store restaurants has historically been a draw for customers.
Last June, I told investors to buy shares of Starbucks (NASDAQ: SBUX) instead of McDonald's (NYSE: MCD). At the time, I noted Starbucks faced fewer competitors than McDonald's, had more growth opportunities in China, and locked in more customers with a stronger digital ecosystem. Starbucks' stock has risen roughly 50% since, while McDonald's stock has advanced only 25%.
The pandemic continues to define how fast-food restaurants and retailers will adjust business models.