|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's range||182.86 - 187.00|
|52-week range||124.23 - 221.93|
|Beta (5Y monthly)||0.66|
|PE ratio (TTM)||24.02|
|Earnings date||28 Jul 2020|
|Forward dividend & yield||5.00 (2.72%)|
|Ex-dividend date||29 May 2020|
|1y target est||207.28|
These companies differ on how they make plant-based meats, which products they're pursuing, and how much they're capable of manufacturing.
The coronavirus pandemic showed no signs of relenting on Thursday, with the U.S. marking a new record of over 50,000 cases in a day amid a surge of new cases in the Sun Belt.
The Dow's rally drove shares of Apple (NASDAQ: AAPL), McDonald's (NYSE: MCD), ExxonMobil (NYSE: XOM), and Boeing (NYSE: BA) higher despite mixed news. Apple and McDonald's pulled back on store reopening plans due to a surge in COVID-19 cases, Exxon disclosed that it would take a large earnings hit in the second quarter, and the FAA completed certification test flights for Boeing's 737 Max.
In this episode of Industry Focus: Consumer Goods, Emily Flippen with Motley Fool contributor Dan Kline give a breakdown of the American Consumer Satisfaction Index Restaurant Report. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. This week, I'm welcoming back Dan Kline as we dissect the most recent American Consumer Satisfaction Index Restaurant Report.
The Zacks Analyst Blog Highlights: Facebook, Thermo Fisher Scientific, McDonalds, NIKE and QUALCOMM
McDonald's (NYSE: MCD) is putting the brakes on the planned reopening of the restaurants throughout its system, various news media outlets are reporting. The fast-food giant will pause the reopenings for 21 days, in the wake of a spike in coronavirus cases throughout the U.S. In May, McDonald's began to offer dine-in services within its restaurants, albeit with some restrictions.
U.S. stocks are set to open higher Thursday, rallying ahead of the three-day weekend amid growing confidence of an economic recovery despite the resurgence of Covid-19 cases in many states. At 7:05 AM ET (1105 GMT), S&P 500 Futures traded 21 points, or 0.7%, higher, Nasdaq Futures up 45 points, or 0.4%. The Dow Futures contract rose 259 points, or 1%.
U.S. customers that want to dine in at McDonald's will have to wait another 3 weeks. The prolonged shutdown is sure to bring further pain to the fast food chain. McDonald's saw its sales around the world dip by 30% in the first two months of the current quarter. A letter seen by Reuters Wednesday (July 1) showed the brand plans to keep its U.S. dining rooms shut for 21 days. That's as the health crisis has surged to new record highs daily across the country this week. Stay-at-home restrictions in many states have hit the restaurant industry particularly hard. They've limited fast food restaurants' operations and seen fewer meals sold. Now, with case numbers rising again as Americans emerge out of lockdown state governments are being forced to rethink their reopening plans. And there's no telling when restaurants will be able to return to normal capacity. Nearly 99% of McDonald's restaurants in the U.S. remain open for drive-through, delivery and take-out options.
Restaurant stocks are typically tough businesses, but I think investors could benefit and improve their skills by analyzing both McDonald's (NYSE: MCD) and Bloomin' Brands (NASDAQ: BLMN) and choosing one. McDonald's has historically been a good business to own, more than doubling in the five-year period ending Feb. 20, just before the coronavirus pandemic began roiling markets. 95% of the company's restaurants globally are back open as of June 15, which should boost those comps in coming months.
Restaurant Brands CEO Jose Cil and McCormick CEO Lawrence Kurzius talks about the company's diversity efforts with Yahoo Finance.
There are still some tasty opportunities out there among restaurant stocks. Wingstop (NASDAQ: WING), Chipotle Mexican Grill (NYSE: CMG), McDonald's (NYSE: MCD), Shake Shack (NYSE: SHAK), and Domino's Pizza (NYSE: DPZ) are five stocks positioned well to thrive in the second half of this year.
In the latest trading session, McDonald's (MCD) closed at $182.80, marking a +1.7% move from the previous day.
Yahoo Finance catches up with Beyond Meat founder and CEO Ethan Brown.
Burger King joins a list of restaurants starting to recover from the worst of the COVID-19 economic downturn.
Beyond Meat founder Ethan Brown responds to marketplace concerns about the company's relationship with McDonald's.
The bright lights on McDonald's old Times Square location in New York City have dimmed forever as the burger chain focuses on its newer flagship location up the street. The old location on 42nd Street was hard to miss, with an old-school Broadway-style marquee emblazoned with row upon row of light bulbs. The New York Post first reported the closure late Tuesday night.
McDonald's (NYSE: MCD) is still struggling with weaker sales across most of its selling footprint as a result of the COVID-19 pandemic. The other positive sign from the report is that the burger giant is seeing rising average spending per order today.
The fast-food chain did much better in the U.S. during May versus April, and an analyst expects Cisco's sales to bottom out soon.
The second quarter looks like it's shaping up to be a horrible one for McDonald's (NYSE: MCD), as the fast food giant reported comparable store sales have plunged 30% so far in the period. McDonald's says over the first two months of the quarter, comps tumbled 39% in April and almost 21% in May, leading to a 29.8% drop overall.
During the lockdowns, fast-food restaurants had to limit operations to drive-thru, takeaway and delivery through third-party apps as dining-in remained closed, which led to lower sales. Globally, McDonald's current-quarter comparable sales were mainly hurt by the closure of all of its restaurants in France, Spain, the United Kingdom and Italy in April, the company said. Current-quarter comparable sales in the two months ended May 31 fell 12% in the United States, the burger chain said.