RBC Capital Updates Estimates on McDonald's (MCD) Following 2Q; Reiterates Outperform
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McDonald's Reports Second Quarter 2016 Results
July 26, 2016 7:58 AM EDTOAK BROOK, Ill., July 26, 2016 /PRNewswire/ -- McDonald's Corporation today announced results for the second quarter ended June 30, 2016.
"At McDonald's, we are focused on meeting our customers' needs for high quality, affordable food and beverage choices," said McDonald's President and Chief Executive Officer Steve Easterbrook. "Our second quarter performance, which marks our fourth consecutive quarter of positive comparable sales across all business segments, provides a clear indication that customers are responding to the steps we're taking to deliver the menu and value options they want at the convenience of McDonald's. We're making steady progress on... More
SEIU to McDonald’s Franchisees: Company’s Asia Refranchising Plan Comes with Supersize Risk
July 25, 2016 11:09 AM EDTLetter Asserts New Structure Could Result in Conflict and Neglect for Operators Across the Continent
Unions Campaign to Hold McDonalds Accountable to Workers, Communities Expands its Reach
WASHINGTON--(BUSINESS WIRE)-- As McDonalds Corp. (NYSE: MCD) seeks buyers for more than 3,000 stores throughout Asia, the Service Employees International Union sent a letter Monday to thousands of franchisees arguing that the companys move towards a master franchisee model could lead to harmful consequences for operators across the continent.
SEIU reached out to... More
