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Average price: $2.39. Adjusted for inflation: $4.10. Thanks to a photo of a McDonald's menu from 2002, we can see there was a time when a Big Mac cost $2.39, which is cheaper than the average '90s ...
The American fast-food restaurant chain McDonald's was founded in 1940 by the McDonald brothers, Richard and Maurice, and has since grown to the world's largest restaurant chain by revenue. [1] The McDonald brothers began the business in San Bernardino, California where the brothers set out to sell their barbecue.
McDonald's (NYSE: MCD), the world's largest fast-food chain, is often considered a reliable stock for long-term investors. But over the past 12 months, the stock has stayed nearly flat as the S&P ...
While McDonald's stock isn't egregiously overvalued, it's by no means a cheap buy, either. It is trading in line with its 10-year average, but amid slower growth, McDonald's valuation may still ...
McDonald's entered the NASCAR Cup Series in 1977, sponsoring Richard Childress for one race. Between the years 1977 and 1986, McDonald's would only sponsor a handful of races in a season. In 1993, McDonald's became the full-time sponsor for the No. 27 Junior Johnson & Associates Ford, driven by Hut Stricklin. [217]
Prior to the acquisition, Woods Staton, Arcos Dorados' Chairman, CEO, and controlling shareholder, was the joint venture partner of McDonald's in Argentina for more than 20 years and also served as President of McDonald's South Latin America division from 2004 until the acquisition.
In 2018, McDonald’s announced a $6 billion plan to modernize its U.S. restaurants (which today number nearly 14,000), with planned updates to furniture, décor, exteriors and kiosks. The menu ...
Zoom out, and you will see the selling pressure in McDonald's the most acutely in the last three months — shares have dropped 15.2%. The stock hit a 52-week low of $246.19 on Oct. 12.