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MarketScreener Homepage  >  Equities  >  Nyse  >  McDonald's Corporation    MCD

MCDONALD'S CORPORATION

(MCD)
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Delayed Quote. Delayed Nyse - 10/30 04:10:00 pm
213 USD   -0.91%
10/30MCDONALD : More Black franchisees sue McDonald's
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10/30MCDONALD : Q4
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10/23MCDONALD : Seeks Dismissal of Discrimination Lawsuit Filed by Black Former Franchisees
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McDonald : More Black franchisees sue McDonald's

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10/30/2020 | 09:31am EDT

McDonald's Corp has been named as the defendant in a lawsuit filed by Black franchisees, who accuse the Chicago-based company of racial discrimination.

Four-store Tennessee franchisees and brothers, James and Darrell Byrd, said in the Chicago federal suit that the chain led them to purchase poorly-performing locations. The proposed class action is seeking damages of up to $5 million per store, according to Reuters.

The Byrds' attorneys filed a previous suit on Aug. 31 against the massive fast food chain saying that McDonald's put Black franchisees in stores in blighted areas that required higher costs and yield lower sales. In that case, 52 Black former McDonald's franchisees were listed as plaintiffs.

For its part, McDonald's has denied the allegations and last week moved to dismiss the suit filed in August that sought $1 billion in damages. The latest suit was filed in U.S. District Court for the Northern District of Illinois.

Copyright © 2020 Networld Media. All rights reserved., source Industry News


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Financials (USD)
Sales 2020 19 257 M - -
Net income 2020 4 485 M - -
Net Debt 2020 33 823 M - -
P/E ratio 2020 35,5x
Yield 2020 2,38%
Capitalization 160 B 160 B -
EV / Sales 2020 10,1x
EV / Sales 2021 8,81x
Nbr of Employees 205 000
Free-Float 44,8%
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Technical analysis trends MCDONALD'S CORPORATION
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 33
Average target price 235,90 $
Last Close Price 213,00 $
Spread / Highest target 24,4%
Spread / Average Target 10,7%
Spread / Lowest Target -13,1%
EPS Revisions
Managers
NameTitle
Christopher Kempczinski President, Chief Executive Officer & Director
Enrique Hernandez Independent Chairman
James R. Sappington Executive VP-Operations & Technology Systems
Kevin M. Ozan Chief Financial Officer & Executive Vice President
Daniel Henry Global Chief Information Officer & Executive VP
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