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Mcdonald's Corp (MCD.N)

MCD.N on New York Stock Exchange

183.85USD
14 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Mcdonald’s Launches Career Advising Campaign For Restaurant Employees With Help Of Five Industry Influencers
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Mcdonald's Corp ::MCDONALD’S SAYS LAUNCHING CAREER ADVISING CAMPAIGN FOR RESTAURANT EMPLOYEES WITH HELP OF FIVE INDUSTRY INFLUENCERS.MCDONALD’S SAYS PLANS TO LAUNCH APP FOR CAREER & EDUCATION EXPLORATION FEATURING BUILT-IN GUIDANCE & RESOURCES TO HELP PEOPLE ADVANCE CAREERS.MCDONALD’S SAYS EVEN THOUGH UNEMPLOYMENT RATE AT NEAR 50-YEAR LOW, DON’T HAVE "QUALIFIED PEOPLE" TO FILL JOBS.  Full Article

McDonald's says U.S. guest counts fell, but grew in most int'l markets
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - McDonald's Corp CONFERENCE CALL: :CEO ON CONF CALL- OPENED 375 RESTAURANTS IN CHINA SO FAR IN 2018 AND EXPECT TO OPEN 400 STORES IN 2019.CFO - "GUEST COUNTS GREW IN MOST OF OUR TOP INTERNATIONAL MARKETS. WHILE IN THE U.S., GUEST COUNTS DECLINED DURING THE QUARTER".CFO - INITIATIVES DEPLOYED ACROSS THE U.S. FROM DELIVERY TO SELF ORDER KIOSKS CONTRIBUTED TO THE HIGHER CHECK.CFO - "THE ENVIRONMENT IN THE U.S. REMAINS VERY COMPETITIVE, ESPECIALLY AROUND VALUE AND FEEL OFFERINGS".CFO - WILL SOON LAUNCH A NEW CLASSIC MEAL DEAL OPTION FEATURING SOME CORE MENU ITEMS; WILL ALSO BE INTRODUCING NEW BREAKFAST ITEMS.CEO- IN U.K, AUSTRALIA, FRANCE, DELIVERY REPRESENTS AS MUCH AS 10% OF SALES AT RESTAURANTS OFFERING DELIVERY.CEO- OVERALL, RESTAURANTS HAVE EXPERIENCED A LITTLE LONGER DOWNTIME THAN EXPECTED DUE TO 'EXPERIENCE OF FUTURE' TRANSFORMATION IN US.CEO- NEARLY 85% OF TOTAL RESTAURANT MARGIN DOLLARS FOR THE QUARTER CAME FROM FRANCHISE BUSINESS.CEO- U.S. RESTAURANT TRANSFORMATION LEADING TO TEMPORARY DECLINE IN LABOR PRODUCTIVITY, DEPRECIATION PRESSURE ON MARGINS.CEO- Q3 PRICING IN US WAS UP ABOUT 2 PERCENT, WHILE COMMODITY COSTS INCREASED NEARLY 3 PERCENT; EXPECT COMMODITY PRESSURES TO EASE SOMEWHAT IN Q4.CEO- NOW EXPECT G&A COST TO BE DOWN ABOUT 1-2 PERCENT FOR FY; EFFECTIVE TAX RATE TO BE IN RANGE OF 24-26 PERCENT, DOWN FROM 25-27 PERCENT.  Full Article

Mcdonald's Expects Interest Expense To Rise For FY 2018
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Mcdonald's Corp ::MCDONALD'S - EXPECTS INTEREST EXPENSE FOR FY 2018 TO INCREASE ABOUT 6% TO 7% DUE PRIMARILY TO HIGHER AVERAGE DEBT BALANCES.MCDONALD'S - EXPECTS NET RESTAURANT ADDITIONS TO ADD ABOUT 1 PERCENTAGE POINT TO 2018 SYSTEMWIDE SALES GROWTH.MCDONALD'S - FOR FY 2018, COSTS FOR TOTAL BASKET OF GOODS EXPECTED TO INCREASE ABOUT 2% IN U.S. AND INTERNATIONAL LEAD SEGMENTS.MCDONALD'S - EXPECTS FY 2018 SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO DECREASE ABOUT 1% TO 2% IN CONSTANT CURRENCIES.MCDONALD'S - COMPANY EXPECTS CAPITAL EXPENDITURES FOR 2018 TO BE APPROXIMATELY $2.5 BILLION..MCDONALD'S - EXPECTS NET ADDITIONS OF ABOUT 600 RESTAURANTS IN 2018.MCDONALD'S-SEES ADOPTION OF NEW ACCOUNTING GUIDANCE TO NEGATIVELY IMPACT 2018 CONSOLIDATED FRANCHISED REVENUES AND FRANCHISED MARGINS BY ABOUT $50 MILLION.  Full Article

Mcdonald's Q3 Earnings Per Share $2.10
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Mcdonald's Corp ::REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $2.10.Q3 EARNINGS PER SHARE VIEW $1.99 -- THOMSON REUTERS I/B/E/S.Q3 GLOBAL SAME STORE SALES ROSE 4.2 PERCENT.IN THE INTERNATIONAL LEAD SEGMENT, THIRD QUARTER COMPARABLE SALES INCREASED 5.4%.QTRLY TOTAL REVENUES $5,369.4 MILLION VERSUS $5,754.6 MILLION.IN THE U.S., THIRD QUARTER COMPARABLE SALES INCREASED 2.4%.QTRLY SYSTEMWIDE SALES INCREASED 5% IN CONSTANT CURRENCIES.FOREIGN CURRENCY TRANSLATION HAD NEGATIVE IMPACT OF $0.05 ON DILUTED EPS FOR QUARTER.CEO SAYS "REMAIN CONFIDENT THAT OUR STRATEGY WILL DRIVE LONG-TERM, PROFITABLE GROWTH".IMPACT OF PRIOR YEAR GAIN & RESTRUCTURING & IMPAIRMENT CHARGES TOTALED $0.56 PER SHARE IN QUARTER.INCREASED THE CASH RETURN TO SHAREHOLDER TARGET FOR THE 3-YEAR PERIOD ENDING 2019 TO ABOUT $25 BILLION.Q3 REVENUE VIEW $5.32 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Mcdonald's To Operate Under New Organizational Structure From Jan 1
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Mcdonald's Corp ::MCDONALD'S ANNOUNCES PRESIDENT, INTERNATIONAL LEAD MARKETS & CHIEF RESTAURANT OFFICER DOUG GOARE TO RETIRE.MCDONALD'S - BOARD OF DIRECTORS APPROVED SEVERAL ORGANIZATIONAL CHANGES TO MCDONALD'S GLOBAL BUSINESS.MCDONALD'S - PRESIDENT, INTERNATIONAL LEAD MARKETS & CHIEF RESTAURANT OFFICER DOUG GOARE, 66, WILL RETIRE AFTER 40 YEARS OF SERVICE ON DEC 31, 2018.MCDONALD'S - BEGINNING JANUARY 1, 2019, MCDONALD'S WILL OPERATE UNDER A NEW ORGANIZATIONAL STRUCTURE.  Full Article

McDonald's Increases Quarterly Cash Dividend To $1.16/Share
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Mcdonald's Corp ::MCDONALD'S RAISES QUARTERLY CASH DIVIDEND BY 15%.INCREASES QUARTERLY CASH DIVIDEND BY 15 PERCENT TO $1.16PER SHARE.CASH RETURN TO SHAREHOLDER TARGET FOR 3-YEAR PERIOD ENDING 2019 INCREASED TO ABOUT $25 BILLION.EXPERIENCED INCREASED CAPITAL ALLOCATION FLEXIBILITY DUE TO EVOLUTION OF CO'S BUSINESS MODEL & EFFECTS OF TAX CUTS & JOBS ACT OF 2017.  Full Article

FDA Investigation Of Outbreak Of Cyclospora Illnesses Linked To Salad Mix Served At McDonald's Ends
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - U.S. Food and Drug Administration::FDA INVESTIGATION OF A MULTISTATE OUTBREAK OF CYCLOSPORA ILLNESSES LINKED TO FRESH EXPRESS SALAD MIX SERVED AT MCDONALD’S ENDS.FDA SAYS A TOTAL OF 511 LABORATORY-CONFIRMED CASES OF CYCLOSPORA INFECTION WERE REPORTED IN PEOPLE WHO CONSUMED SALADS FROM MCDONALD’S RESTAURANTS.  Full Article

Mcdonald's - Expects Capital Expenditures For 2018 To Be About $2.4 Bln
Thursday, 26 Jul 2018 

July 26 (Reuters) - Mcdonald's Corp ::MCDONALD'S - EXPECTS CAPITAL EXPENDITURES FOR 2018 TO BE APPROXIMATELY $2.4 BILLION.MCDONALD'S - EXPECTS NET RESTAURANT ADDITIONS TO ADD ABOUT 1 PERCENT POINT TO 2018 SYSTEMWIDE SALES GROWTH (IN CONSTANT CURRENCIES).MCDONALD'S - COMPANY EXPECTS NET ADDITIONS OF ABOUT 600 RESTAURANTS IN 2018.MCDONALD'S - BASED ON CURRENT INTEREST AND FOREIGN CURRENCY EXCHANGE RATES, EXPECTS INTEREST EXPENSE FOR FULL-YEAR 2018 TO INCREASE ABOUT 5% TO 7%.  Full Article

Mcdonald's Sets Quarterly Cash Dividend Of $1.01 Per Share
Thursday, 19 Jul 2018 

July 19 (Reuters) - Mcdonalds Corp ::ANNOUNCES QUARTERLY CASH DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $1.01PER SHARE.  Full Article

Washington AG Ferguson Announces Fast-Food Chains Will End Restrictions On Low-Wage Workers Nationwide
Friday, 13 Jul 2018 

July 12 (Reuters) - McDonald's Corp ::WASHINGTON ATTORNEY GENERAL FERGUSON ANNOUNCES FAST-FOOD CHAINS WILL END RESTRICTIONS ON LOW-WAGE WORKERS NATIONWIDE.WASHINGTON AG FERGUSON SAYS COS TO NO LONGER ENFORCE PROVISIONS INCLUDED IN AGREEMENTS THAT STOP WORKERS FROM MOVING TO POTENTIALLY BETTER POSITIONS, WAGES.WASHINGTON AG- ARBY’S, AUNTIE ANNE’S, BUFFALO WILD WINGS, CARL’S JR., CINNABON, JIMMY JOHN’S MUST AMEND WASHINGTON STATE LOCATIONS’ CONTRACTS TO REMOVE NO-POACH LANGUAGE WITHIN 120 DAYS.  Full Article

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Publicis' chief sees consultancy and ad group merger wave

BARCELONA Publicis's boss Arthur Sadoun predicted on Wednesday a wave of mergers between consultancy and advertising groups to keep up the race with U.S. tech giants online and offer end-to-end solutions to ever-more demanding clients.