McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches. As of December 31, 2021, the company operated 40,031 restaurants. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.
McDonald's (MCD) benefits from loyalty program, footprint expansion efforts and strategic menu offerings. However, persisting inflation and macroeconomic risks hurt prospects.
McDonald's is releasing a new value meal on June 25 that will be on menus for a month. For just $5, customers will receive four items: a four-piece nugget, a McChicken or McDouble, small fries, and a small drink.
McDonald's (NYSE: MCD ) is trying to woo back customers amid high inflation with a new $5 meal deal set to take place for a limited time starting in June. The McDonald's $5 meal deal will see it offer a McChicken or a McDouble, a four-piece chicken nugget, fries and a drink.
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Jeffrey Bernstein, Barclays senior restaurant analyst, joins 'Power Lunch' to discuss the consumer health in restaurants and McDonald's latest moves to attract lower-end customers back in stores.
While the string of robust jobs reports (the April print aside) offers an optimistic view of the economy, a more nuanced analysis arguably drives the case for consumer defensive stocks to buy. With multiple factors to consider, playing it (relatively) safe might not be a bad idea.
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