McDonald's stock up 4.5% for the year 2008
McDonald's stock up 4.5% for the year 2008
![McDonald's for news McDonald's for news](https://media.potatopro.com/mcdonald-2400.jpg?width=1200&height=743&crop=smart&mode=crop)
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.
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.
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Highlighted Company
Related News
![J&J green paper, a Miami-Dade company, announces the implementation of its game-changing sustainable packaging initiative Janus® in partnership with arcos dorados, the largest MCDonald's independent franchisee in the world J&J green paper, a Miami-Dade company, announces the implementation of its game-changing sustainable packaging initiative Janus® in partnership with arcos dorados, the largest MCDonald's independent franchisee in the world](https://media.potatopro.com/arcos-dorados-mcdonald-1200.png?width=600&height=357&crop=center&mode=crop)
June 27, 2024