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It lost many of its lower-income customers due to higher menu prices, among other factors.
This comes, as mentioned, with McDonald's stock at a 52-week low and a forward P/E ratio of 17, which is the lowest it's been since the COVID pandemic crash in 2020.
In the past he's covered mutual funds and institutional investments for Pensions & Investments, personal finance for S&P, money markets and bonds for Crane Data, and stocks for ValueWalk.
The company joined an exclusive club and became a Dividend King, raising its dividend for 50 straight years in 2026.
