Tag: $McDonald’s

McDonald’s posts biggest US sales decline in nearly five years

McDonald’s posted a bigger-than-expected drop in fourth-quarter U.S. comparable sales on Monday, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.

McDonald’s to invest more than $100 million to speed up recovery after E. coli outbreak

In the wake of last month’s E. coli outbreak tied to McDonald’s slivered onions, the fast-food giant said it will invest more than $100 million to boost restaurant sales and speed up the recovery at affected franchisees.

McDonald’s global sales fall more than expected on muted demand

McDonald’s on Tuesday posted a steeper-than-expected drop in quarterly global comparable sales, hurt by weaker traffic across its key markets even as it intensified promotions to woo back customers after several years of price hikes.

McDonald’s shares drop as Quarter Pounders tied to fatal US E. coli outbreak

Shares in McDonald’s dropped by as much as 10 per cent after US public health authorities linked a fatal E. coli outbreak affecting 10 states with the fast-food chain’s Quarter Pounder hamburgers.

McDonald’s could create 24,000 jobs at new stores in UK and Ireland

McDonald’s has unveiled plans to open more than 200 new restaurants in the United Kingdom and Ireland, which it expects will create over 24,000 jobs.

McDonald’s earnings, revenue miss estimates as consumer pullback worsens

McDonald’s on Monday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales declined across every division.

McDonald’s to extend $5 value meal in most U.S. markets as diners return to restaurants

McDonald’s will extend its $5 value meal in most U.S. markets, saying the deal is helping to boost traffic.

McDonald’s sales miss estimates as customers cut back spending

McDonald’s fell short of Wall Street estimates for first-quarter sales on Tuesday as budget-conscious consumers cut back on restaurant meals and the Middle East conflict weighed on the burger chain’s international sales.

McDonald’s to sell Krispy Kreme doughnuts nationwide by the end of 2026

McDonald’s is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday.

McDonald’s suffers global tech outage forcing some restaurants to halt operations

McDonald’s suffered a system failure Friday that left customers in some parts of the world unable to order food.

McDonald’s posts first sales miss in nearly 4 years on overseas weakness

McDonald’s reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India.

McDonald’s CEO says several markets in Middle East impacted by conflict

 McDonald’s CEO Chris Kempczinski said on Thursday several markets in the Middle East and some outside the region were experiencing a “meaningful business impact” due to the Israel-Hamas conflict as well as “associated misinformation” about the brand.

McDonald’s raises China bet, bucking Western firms’ derisking trend

SHANGHAI, Dec 4 (Reuters) – The decision by McDonald’s to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems risky – but the potential pay-off is great, analysts say.

McDonald’s revenue climbs 14% as price hikes boost U.S. sales

McDonald’s third-quarter earnings and revenue beat Wall Street’s estimates.

McDonald’s to raise royalty fees for new franchised restaurants for first time in nearly 30 years

McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees.

McDonald’s earnings top estimates as mascot Grimace fuels U.S. sales

McDonald’s on Thursday reported quarterly earnings and revenue that topped analysts’ expectations as its China sales rebound and mascot Grimace drives U.S. visits.