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McDonald’s Corp (NYSE: MCD) said its Board of Directors approved a 10% increase in quarterly cash dividend to $1.52. The dividend is payable on December 15, 2022, to shareholders of record at ...
The dip was the first decline in global sales for McDonald's since the fourth quarter of 2020 when the U.S. economy, amid the COVID-19 pandemic, had its sharpest annual drop since 1946.
Prices at McDonald's are still expected to increase—albeit at a slower pace of 2% to 3%, versus last year’s 10%— restaurant analyst Mark Kalinowski told the New York Post. Fortune has ...
McDonald's US same store sales were up 2.5%, slightly off from the 2.55% expected. Higher menu prices boosted the average check size, while marketing campaigns and growth in digital and delivery ...
By shifting strategies, Skinner and his team were able to increase McDonald's total sales, increasing from $50.1 billion in 2004 to $70.1 billion in 2008. [8] Skinner retired as Vice Chairman and Chief Executive Officer on June 30, 2012 after 41 years with McDonald's. [9] In 2012, he received total annual compensation of $27,741,408. [10]
Weaker consumer spending in China and impacts of the Middle East conflict have dented McDonald's business segment where restaurants are operated by local partners, with sales dipping 3.5% compared ...
McDonald’s is feeling the heat from upset customers. It reported global same-store sales growth of 3.4% in its 2023 fourth quarter, falling short of its expected 4.79% increase.
The company reported global same-store sales rose 11.7%, more than the 9.4% expected by analysts. US same-store sales rose 10.3%, more than the 9.1% forecast by Wall Street.