|Bid||211.46 x 800|
|Ask||211.75 x 1400|
|Day's Range||209.90 - 215.14|
|52 Week Range||124.23 - 231.91|
|Beta (5Y Monthly)||0.67|
|PE Ratio (TTM)||33.38|
|Earnings Date||Nov. 09, 2020|
|Forward Dividend & Yield||5.16 (2.31%)|
|Ex-Dividend Date||Nov. 30, 2020|
|1y Target Est||236.80|
McDonald's is planning on bringing back its McRib sandwich nationwide in December. Yahoo Finance's Sibile Marcellus joins Kristin Myers to discuss.
The proposed class action led by James and Darrell Byrd, brothers with four McDonald's restaurants in Tennessee, was filed by the law firm representing 52 Black former franchisees who filed a similar lawsuit on Aug. 31. McDonald's was accused of placing Black franchisees in undesirable inner-city locations with high security and insurance costs and below-average sales, and driving many away by failing to support them as debts rise and profits fall short. Jim Ferraro, a lawyer for the plaintiffs, estimated that McDonald's has 186 Black franchisees in the United States, down from a peak of 377 in 1998, who own "700-plus" stores.
The chain's parent company Restaurant Brands has been focusing on its drive-thrus during the coronavirus pandemic.