McDonald's (MCD) Loyalty Program & Comps Aid Amid Cost Woes
McDonald's(MCD) ZACKS·2024-06-18 21:35
McDonald's Corporation (MCD) benefits from the robust loyalty program, menu innovation, expansion efforts and global comps growth. McDonald’s expects its velocity accelerators of Experience of the Future, digital and delivery to drive growth in the long term.Despite the aforementioned factors, the company’s shares have lost 13.7% in the past year, compared with the industry’s decline of 7.2%. Inflationary pressures and macroeconomic woes are the reasons behind the decline. Let’s delve deeper.Growth DriversE ...