Quality Perception Problem Could Hang Over McDonald’s and Mutual Funds That Own Shares

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Quality Perception Problem Could Hang Over McDonald’s and Mutual Funds That Own Shares

Jul 22, 2014

Fast-food giant McDonald's (MCD) quarterly profit slipped about 1 percent as comparable sales in its struggling U.S. business fell. Per-share profit rose to $1.40 a share, but below analysts surveyed by FactSet who were looking for profit of $1.44 a share. The company’s U.S. sales at restaurants open at least 13 months fell 1.5%. The U.S. business accounts for 30 percent of the fast-food giant's overall revenue.


Funds with Heavy McDonald’s Ownership


Vanguard Total Stock Market Index Fund (VTSMX) owns over 15.7M shares.
Vanguard 500 Index Fund (VFINX) owns 10.1 M shares.
Vanguard Institutional Index Fund-Institutional Index Fund (VINIX) owns 9.9M shares.
Vanguard Dividend Growth Fund Investor Shares (VDIGX) owns 6.32M shares.


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