McDonald’s Financial News

22.12 / 15:43

McDonald’s love Celebrity travelers open Christmas Eve 2023: Which restaurants will remain open on this festive day? Here's a list

Christmas Eve is on Sunday this year. Like every year consumers will be hurrying up to the stores for last-minute holiday shopping. While traveling or picking up gifts for loved ones, they will look for places to eat out to grab a quick evening snack or a cup of warm coffee. It is that time of the year that people wait eagerly for with Christmas bells ringing and children waiting to unpack their gifts and meet their Santa Claus. Celebrating Christmas by eating out is something many look forward to. Now not all restaurants are open on Christmas Eve such as Chick-fil-A which will remain closed on December 24 this year. For others, the Christmas Eve hours will vary depending on the location.

20.12 / 14:37

Waves CEO ICE PINK McDonald’s testing The Fast-Food Industry Wants to Be the Fast-Drinks Industry, Too

Iced drinks topped with cold foam and added energy shots and fruit flavors have hooked high-school students, social-media influencers and now, some of the world’s biggest fast-food chains. McDonald’s this month launched CosMc’s, a new takeout-oriented restaurant concept heavy on customizable drinks like Churro Frappés and Pomegranate Hibiscus Slush. Taco Bell in December started testing blended iced coffee with flavors like Mexican Chocolate, along with shakes topped with cold foam and churro crumbles.

19.12 / 13:11

Provident SEC CEO Platform McDonald’s cover reports compliance New tool enables certification of SEC Names Rule compliance

The expansion of the SEC’s Rule 35d-1, the “Names Rule,” to include ESG terms has led to the launch of a new tool to help asset managers and financial advisors assess compliance.

19.12 / 12:29

Enterprise McDonald’s show performer International Why Devyani International's entry into Thailand looks appetizing

₹341 crore), Temasek ( ₹328 crore), a local Thai partner ( ₹11.9 crore) and local debt. The consideration implies an acquisition valuation of 0.9 times FY23 enterprise value/sales and about 7.5-8 times EV/Ebitda. Quick-service restaurants (QSRs) in the Indian market are currently struggling to boost growth.

07.12 / 13:45

Target Digital CEO JPMorgan Compilation McDonald’s testing Analysts raise targets on McDonald's stock after Investor Day, discuss CosMc's

McDonald's (MCD) announced that it is set to launch the inaugural CosMc's location in Bolingbrook, Illinois, this week.

06.12 / 17:13

Google McDonald’s McDonald's burger empire set for unprecedented growth over the next 4 years with 10,000 new stores

McDonald’s expects to open nearly 10,000 restaurants over the next four years, the fastest period of growth in the company’s history

04.12 / 12:11

Provident Apple McDonald’s Tapestry Caseys country cover Analysis-‘Lovin’ it’: McDonald’s raises China bet, bucking Western firms' derisking trend

By Casey Hall

02.12 / 11:15

Target Platform Mobile Remark McDonald’s innovations prevention Affle India takes on the big guns with 15 new AI patents

Affle India has filed for 15 more patents relating to artificial intelligence, taking its total patent count to 36, a remarkable feat in the adtech industry. But before we get into that, let’s begin with what the company does to understand how these patents can boost the business. Affle is not your typical mobile marketing and adtech firm.

30.11 / 18:45

McDonald’s No More Dry Burgers: McDonald’s Overhauls Its Biggest Item

Write to Heather Haddon at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world

25.11 / 23:03

Twitter Man Remark McDonald’s country social McDonald’s Canada founder has died at age 86

George Cohon, the man who brought McDonald’s to Canada, and later Russia, has died according to a post on social media from his son, Mark Cohon.

22.11 / 00:09

IPO Provident Aware CEO McDonald’s show performer How Guzman y Gomez bungled its grand plans to be the next McDonald’s

The board of Guzman y Gomez forced its chief executive, Steven Marks, into a secret plan “involving cult-like life coaches and non-legal advisors to try to transition him to a credible, reliable executive”, the former management team responsible for the group’s expansion into North America has claimed.

13.11 / 19:37

Platform Yellow McDonald’s Crocs social classical reports McDonald's and Crocs Collaborate on Grimace and Hamburglar Clogs for a Fashionable Treat

Crocs to introduce a collection of specially designed clogs. The fast food-themed collection will include three traditional Crocs designs and a Crocs sandal inspired by McDonald’s characters Grimace, Hamburglar, and Birdie, along with the iconic red and yellow color scheme of the chain. Not just the classic Crocs, also for sale there will be N number of McDonald’s-themed charms that can be attached to the clogs which will include french fries, the Big Mac, and the iconic Golden Arches logo.

13.11 / 16:33

McDonald’s performer fun International After rough Q2, Devyani International awaits demand rebound

Devyani International Ltd is a case in point. Lately, it has expressed concerns over demand and lowered its store expansion projection for FY24. Devyani, a franchisee of Yum Brands, operates KFC, Pizza Hut and Taco Bell restaurants in India.

13.11 / 10:37

BLOCK CEO McDonald’s Bill President innovations 2020 New rule could make it easier for millions to unionize - if it survives challenges

A federal rule that goes into effect next month could make it easier for millions of workers to unionize at big companies like McDonald’s

09.11 / 04:53

CEO McDonald’s President reports Beyond Meat revenue falls as rising demand in Europe can't overcome plummeting US sales

Beyond Meat’s revenue fell nearly 9% in the third quarter as higher sales of its plant-based meat in Europe failed to make up for plummeting demand in the U.S. Beyond Meat on Wednesday reported revenue of $75.3 million for the July-September period

09.11 / 04:53

Provident Art Action McDonald’s Hallmark performer donates How Joan Kroc's surprise $1.8 billion gift to the Salvation Army transformed 26 communities

First-class recreation centers in low-income neighborhoods — dozens of them, scattered around the nation

07.11 / 04:45

Aware Fighting McDonald’s Danone social reports prevention Rising livestock emissions undermine world’s climate fight

meat and dairy producers increased further this year, highlighting the urgent need for the food industry to clean its practices and help prevent global warming. Disclosed emissions from the world’s 20 largest publicly-listed meat and dairy companies rose 3.3% from 2022 levels, according to a report by investor network FAIRR Initiative. Its analysis includes companies like Hormel Foods Corp. and China’s New Hope Liuhe Co., which supply household names like Walmart Inc.

03.11 / 19:53

Dreams McDonald’s President Fulton country reports Q3 Costs Tim Hortons’ parent posts $364M profit in Q3 even as costs rise

Long associated with morning coffee runs and breakfast, Tim Hortons is setting its sights on dominating the second half of the day too.

02.11 / 06:05

Target Man McDonald’s TikTok show Inside social Protesters release mice painted colours of Palestinian flag in U.K. McDonald’s

In what appears to be a part of pro-Palestinian protests in the U.K., live rodents were released inside three separate McDonald’s restaurants. In one incident the animals looked to be spray-painted red, black and green – the colours of the Palestinian flag.

01.11 / 02:39

Coca-Cola Fox CEO McDonald’s President cover Department McDonald’s, Chipotle to hike menu prices after California Gov. Newsom approves $20 fast food minimum wage

International Franchise Association president and CEO argues franchise owners are better at identifying the needs of their employees.

31.10 / 17:37

Target Digital Strategy McDonald’s track audience reports place NOT Westlife’s sales growth not satiating but expansion engines in place

₹615 crore. Westlife believes near-term challenges are temporary and that some recovery is likely during the festival season. The quick service restaurant (QSR) operator has guided for a high single digit SSSG in FY24.

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