McDonald's will host an Investor Day to outline medium-term strategy and targets. Analysts are split and execution issues plus higher beef costs counter the strategic plans.
McDonald's plans an Investor Day to outline a medium-term menu and remodel plan. Analysts are split: one kept a Buy with a $350 target, another started Neutral and flagged execution and cost problems. Those positives and negatives roughly cancel, so the story does not change how I read McDonald's today.
Walmart is mentioned as the model McDonald's wants to mirror by moving up-market. The article gives no new information about Walmart's own business, so it changes nothing for Walmart.
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