McDonald's Plans First Vegetarian Restaurants Globally in India
The attempt to draw religious Indians shows how the Oak Brook, Illinois-based company is attempting to boost sales by catering to local tastes outside its home market. The vegetarian restaurants will include offerings such as the McAloo Tikki burger, a sandwich with a mashed-potato patty and the Pizza McPuff, a vegetable and cheese pastry.
Eoin Treacy's view For a company with vast global experience, McDonalds has been slow to diversify its menus. Yum Brands on the other has adopted an entirely different strategy with its China menu featuring a large number of local dishes. I believe it is no exaggeration to state that it Chinese restaurants are of considerably better quality than elsewhere which has helped bolster its image as a premium eatery.
McDonalds (3.09%) is an S&P500 dividend aristocrat and has been ranging below its 200-day MA since May. Today's rally takes within striking distance of surmounting the trend mean once more and a clear downward dynamic would be required to check potential for some additional upside.
Yum Brands (1.75%) also has a solid record of dividend increases and has been ranging mostly above its MA since June. A sustained move below $60 would be required to question medium-term scope for additional upside