McDonald’s announced that its $5 summer meal deal, which was only supposed to last through June, will now be extended into December.
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McDonald’s warned that customers might be getting sick of price hikes. It was right. Sales fell year-over-year for the first time since 2020.
Chipotle is the only food chain among the top 20 best-performing stocks on the S&P 500 this year. So what’s the secret to its success?
The burger giant had mostly stellar growth around the world, but the volatile region has become the scene of critical boycotts.
McDonald’s has had a tenuous relationship with its franchise operators as of late. A new round of royalty fee hikes isn’t likely to help.
The asset manager announced annual revenues rose 14%, topping $20 billion for the first time, with record net inflows of $641 billion.
It’s basic Newtonian physics, as Boeing just learned: When the sky falls for a company, so, too, will the bottom line.
The company’s struggle gives us a glimpse into how the wider world of voice assistants is trying to keep up with the technology zeitgest.