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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 ...
McDonald's growth in U.S. sales was driven by $5 Meal Deals. It doesn't expect an E. coli outbreak tied to Quarter Pounders to impact its performance.
Some are quick to remember Chipotle's E. coli outbreak, which affected several ingredients from 2015 to 2018, and resulted in a $25 million FDA fine for the company.McDonald's is trying to shut ...
For McDonald's that means traffic from consumers earning less than $45,000 "dipped" for the quarter. Kempczinski said the brand would continue to monitor the $45,000 and under cohort to ensure it ...
Chris Kempczinksi, who was named McDonald’s president and CEO in late 2019, will succeed McDonald’s Chairman Enrique Hernandez Jr., who is retiring after 28 years on the Chicago company's board.
The increase would be “the fastest period of growth in company history,” McDonald’s said in a statement. It may seem like the global market is already saturated with fast food restaurants.
Few things can stand in McDonald’s way, it seems.Wall Street is expecting more growth ahead of the company’s latest quarterly results on Feb. 5. This comes as tightening wallets, rising costs ...
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 ...