McDonald's stock up 4.5% for the year 2008

Bookmark
McDonald's for news

McDonald's stock up 4.5% for the year 2008

January 04, 2009
Restaurateurs were hit with a double whammy of increased costs and dropping sales in 2008. But looking back at the carnage, there are a few bright spots. Although the restaurant sector dropped by 20%, it still beat the S&P’s 38% loss. In fact, there is one restaurant that advanced in 2008.

Fast food icon McDonald’s closed up 4.5% for the year 2008. In fact, McDonald's and Walmart are the only two stocks in the Dow Jones Industrial Average to close up for the year.

As for the other major QSR chains: Wendy’s, Yum! Brands and Burger King have all risen by over 30% over the past few months.
Source
Seeking Alpha
Sponsored Content
Provisur Technologies - Leaderboard - 20240330

  • McDonalds Corporation

    McDonald's is the leading global foodservice retailer with more than 34,000 local restaurants serving nearly 69 million people in more than 118 countries each day. 

  • Burger King

    The BURGER KING® system operates more than 11,100 restaurants in all 50 US States and in more than 65 countries worldwide. Approximately 90 percent of their restaurants are owned and operated by independent franchisees

  • Yum! Brands Inc.

    Yum! Brands, Inc. (YUM) is a quick service restaurant company based on number of system units, with approximately 37,000 units in more than 120 countries and territories. The company operates the restaurant concepts of KFC, Pizza Hut and Taco Bell.

  • Wendys Arbys Group Inc.

    Wendy’s/Arby’s Group, Inc. - in existence from 2008 - 2011 - was at the time the third largest quick service restaurant company in the United States and was comprised of the Wendy’s® and Arby’s® brands, two companies distinguished by traditions of quality food and service.
Sponsored Content

Related Topics

QSR, Restaurant and Food Service Trends
Sponsored Content
Sponsored Content
Sponsored Content
United States
United States
United States
Sponsored Content