Why McDonald's Recent Moves Could Propel Its Shares Higher
McDonald's(MCD) Gurufocus·2024-09-12 21:02
Despite headwinds, as of mid-2024, McDonald's Corp. (MCD, Financial) still remains a potent force in the fast-food landscape. Nonetheless, the sentiment surrounding the stock has soured over the past six months on the back of economic and geopolitical challenges. As a result, same-store sales growth has slowed down considerably, impacting the company and its restaurant industry peers.Making the most of this opportunity, though, McDonald's is looking to reinforce its value proposition and deepen customer eng ...