McDonald Declares $1.67 Dividend
Dry weather impacts major producers, and the global supply of Robusta coffee beans will be in short supply for the fourth year in a row
Volcafe, one of the world's top coffee traders, anticipates that Robusta coffee beans used for instant coffee will be in short supply for the fourth consecutive year in the future as Vietnam, a major producer, continues to face dry weather.
Express News | McDonald's: Declared a Quarterly Cash Dividend of $1.67 per Share
Express News | McDonald's Announces Quarterly Cash Dividend
Sector Update: Consumer Stocks Decline Late Afternoon
Consumer stocks fell late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 1.4%. In corporat
Sector Update: Consumer
Consumer stocks fell late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping1.2%. In corporate
Goldman Sachs CEO Solomon doesn't expect the Federal Reserve to cut interest rates this year
Goldman Sachs Group CEO David Solomon said that he currently does not expect the Federal Reserve to cut interest rates this year because the economy has shown greater resilience thanks to government spending. David Solomon “I still haven't seen convincing data indicating we will cut interest rates,” he said at a Boston College event, adding that he currently predicts “zero” interest rate cuts. Investments in artificial intelligence infrastructure are also driving the economy to be more resilient in the face of the Federal Reserve's monetary tightening. However, Solomon said that consumers have begun to feel the pressure brought about by rising prices.
Target, McDonald's and Others Are Offering Value as They Lose Ground With Bargain Hunters
Target's weak quarterly results show the fierce battle between retailers that are trying to outmatch each other on low prices. The big-box retailer announced this week that it's cutting prices on thousands of items. Aldi and Walmart have also stepped up efforts to attract a bargain-hunting shopper.
Market Chatter: McDonald's $5 Meal Not Sustainable Without Company Assistance, Group Says
McDonald's (MCD) franchisee group National Owners Association said an upcoming $5 value meal promotion may not be sustainable for operators in the long run without future contributions from McDonald's
Analysts Offer Insights on Consumer Cyclical Companies: Foot Locker (FL), AutoZone (AZO) and McDonald's (MCD)
McDonald's Franchisee Group Says $5 Value Meal Can't Last Without Company Investment
An independent advocacy group of McDonald's franchisees is weighing in on the company's upcoming value meal promotion.
How Inflation Has Impacted the Price of Your McDonald's Lunch Over the Last Decade
McDonald's Newest Dessert, Grandma's McFlurry, Is Available Now. Here's What It Tastes Like.
Food Inflation's Tight Grip on Americans' Grocery Budgets
Wendy's, Target Announce New Deals to Boost Consumer Spending
Can Candy, Syrup and Feelings Make the Grandma McFlurry at McDonald's a Summer Standout?
Wendy's Will Offer $3 Breakfast Deal, as Rivals Like McDonald's Test Value Meals to Drive Sales
Wendy's will offer a $3 breakfast combo meal starting Monday. The meal deal follows a similar, limited-time value meal option by McDonald's. The deals come as restaurants struggle to win over consumers as diners, particularly those with lower incomes, pull back on spending.
Express News | McDonald's - on May 17, 2024, Co Issued $500 Mln of Its 5.000% Medium-Term Notes Due 2029
Express News | TD Cowen Reiterates Buy on McDonald's, Maintains $305 Price Target
McDonald's Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/20/2024 11.98% TD Cowen → $305 Reiterates Buy → Buy 05/02/2024 15.65% Guggenheim $325 → $315 Maintains
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