|Bid||158.91 x 100|
|Ask||158.94 x 200|
|Day's range||158.40 - 159.35|
|52-week range||110.33 - 159.98|
|PE ratio (TTM)||28.05|
|Earnings date||24 Oct 2017|
|Dividend & yield||3.76 (2.37%)|
|1y target est||171.08|
McDonald’s recently announced that it was shutting down 169 of its 430 outlets in India, following the termination of its franchise agreement with CRPL (Connaught Plaza Restaurant) due to alleged breach of franchise terms.
McDonald's said it felt 'compelled' to take the aggressive action.
McDonald's Corp on Wednesday said that it would begin curbing the use of the high value human antibiotics in its global chicken supply in 2018, as the fast-food giant joins a broad effort to battle dangerous superbugs. McDonald's, in a policy statement, said it is working on antibiotic plans for other meats, dairy cows and laying hens. McDonald's is requiring suppliers of chicken meat to begin phasing out the use of antibiotics defined by the World Health Organization as "highest priority critically important antimicrobials" (HPCIA) to human medicine.