McDonald’s CEO says low traffic and high inflation are here to stay

2 sources ·3 articles ·11h ago

2 outlets - including Investing and 247wallst - are covering this story. McDonald's CEO just told investors not to expect conditions to improve, and the stock hit a fresh 52-week low on the same day management pledged billions in new spending. The question now is whether this defensive giant has become anything…

Covered by 2 outlets

Investing 2 247wallst 1

All coverage · 3 articles

247 Wall St ·11h ago

McDonald’s Breaks to a New 52-Week Low After the CEO Says Tough Conditions Are Here to Stay

McDonald's CEO just told investors not to expect conditions to improve, and the stock hit a fresh 52-week low on the same day management pledged billions in new spending. The question now is whether this defensive giant has become anything…

Investing.com UK ·Sep 23, 17:42 UTC