When will McDonalds (MCD) hit 80 a share in the stock market?
any clue? or do u think it will split? If so when?
- Anonymous1 decade agoFavorite Answer
This very difficult environment is sending a lot of consumers scrambling for cheaper alternatives in dining. That is where McDonald’s distinguishes itself. With January same-store-sales up more than 7% worldwide – even in the face of the global financial meltdown – McDonald’s is proving that it can not only execute, but thrive. Indeed, sales in Asia were up 10%, while those in Europe were up 7%. Even U.S. sales were up 5%.
McDonald’s is the unparalleled leader in the arena of quick service and value dining. With roughly 31,000 restaurants in 118 countries, a balance sheet laden with $1.5 billion in cash and a size and market capitalization that dwarfs the competition, it is almost impossible to compete against the Golden Arches.
It doesn’t stop there, either: In an environment such as this one, the strong get stronger and run away with the market as the weak disappear.
The Oak Brook, Ill.-based McDonald’s is the world’s leading food-service retailer, with more than 30,000 local restaurants serving 52 million people in more than 100 countries every day. More than 70% of McDonald’s restaurants are owned by independent local men and women. McDonald’s is also one of the world’s most-recognizable and most-valuable brands.
Not only is McDonald’s the largest, but its huge geographic diversification and economies of scale imbues the company with its many enduring competitive advantages. These advantages result in huge cost savings that are not as important in good times, when the industry has runaway pricing power. During lean, economic times, however, those cost savings are the difference between life and death. If you are a supplier, and you sell to the Golden Arches – much like selling merchandise to Wal-Mart Stores Inc. (NYSE: WMT) – you have very little bargaining power.
- JoeyVLv 71 decade ago
Wednesday. Split at 90.
- AnonymousLv 71 decade ago
It can happen within the next week. I don't know about splits.
- 2017Lv 71 decade ago
maybe on Monday. MCD also pays good dividends