In the latest trading session, McDonald's (MCD) closed at $300.47, marking a +0.07% move from the previous day.
McDonald's (MCD) closed the most recent trading day at $293.85, moving +0.62% from the previous trading session.
McDonald's value meal promotion extension aims to attract cost-conscious consumers, leveraging its mobile app's success. Despite a recent earnings miss, McDonald's management provided solid guidance, with expectations of mid-to-high 40% operating margins and a 90% free cash flow conversion rate. I see shares as being fully valued with technical resistance at $300, and while it deserves a premium valuation, its EPS growth potential is modest, cementing my hold rating.
Recently, Zacks.com users have been paying close attention to McDonald's (MCD). This makes it worthwhile to examine what the stock has in store.
Like most consumer-facing companies, McDonald's is struggling to attract as many paying customers as it has in the past. Although it's well-positioned to fight a price war, price wars pose a direct threat to profit margins.
McDonald's (MCD) closed the most recent trading day at $293.75, moving -0.99% from the previous trading session.
The McDonald's (NYSE; MCD) $5 meal was supposed to bring back the “value-minded” customer, which was one foundation of its success.
With fewer customers visiting the Golden Arches as diners cut back on restaurant spending, McDonald's is now extending its $5 value meal deal through the fall and into December in most U.S. markets.
McDonald's just unveiled a new round of discounts for the rest of 2024. The chain is extending its $5 meal deal through December and adding other limited-time discounts.
The fast-food giant is extending its value meal at most of its US locations through the end of the year as inflation-battered customers prioritize value.
McDonald's (MCD) said its “Summer of Value” is extending into fall.
McDonald's extended its $5 value meal offer into December at most of its U.S. locations, the burger chain said on Thursday.