Previous close | 267.95 |
Open | 268.17 |
Bid | 273.17 x 1000 |
Ask | 273.38 x 1100 |
Day's range | 267.84 - 275.21 |
52-week range | 245.73 - 302.39 |
Volume | |
Avg. volume | 3,242,725 |
Market cap | 196.681B |
Beta (5Y monthly) | 0.71 |
PE ratio (TTM) | 23.21 |
EPS (TTM) | 11.76 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 6.68 (2.49%) |
Ex-dividend date | 29 Feb 2024 |
1y target est | 294.11 |
Global restaurant chains such as McDonald's and Starbucks have seen lower-income customers opting to eat more meals at home amid a cost-of-living crisis, forcing the companies to offer steeper promotions to attract them to their outlets. McDonald's, which has a higher exposure to the lower-income cohort, saw its global sales growth slowing for the fourth straight quarter. Bloomberg News first reported about McDonald's plans.
Papa John's (PZZA) fiscal first-quarter top line reflects lower contributions in the North American commissary segment owing to lower transaction volumes and commodity price declines.
Krispy Kreme expects its partnership with McDonald's to significantly expand points of access to its doughnuts without eating much into its current distribution network's sales. The company is currently pegging incremental gains from the McDonald's launch, set for 2H, at about 85%, CEO Josh Charlesworth says.