/McDonald)
McDonald's Corporation (MCD), headquartered in Chicago, Illinois, operates and franchises fast food chains under the McDonald's brand. Valued at $198.1 billion by market cap, MCD is the world's largest fast-food restaurant chain that offers various food products and non-alcoholic beverages. With a global presence in over 40,000 locations in more than 100 countries, approximately 95% of its restaurants are owned and operated by independent local business owners.
Shares of this leading global food retailer have underperformed the broader market considerably over the past year. MCD has declined 4.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 24.9%. In 2024, MCD stock is down 7.3%, while SPX is up 16.2% on a YTD basis.
