Back to mobile site

Consumers Lovin' McDonald's (MCD) Breakfast Less as Competitors Enter Fray, Data Shows

October 21, 2015 6:49 AM EDT

McDonald's (NYSE: MCD) is on watch Wednesday following news that it might be losing ground in one of its key operating segments: breakfast.

According to the NY Post, Yum! Brands' (NYSE: YUM) Taco Bell is making headway in the early-hours edibles market. The report cites weekly traffic analysis from Foursquare.

Data shows that Taco Bell generated 20 to 25 percent more traffic to its chains after adding all-day breakfast to its menu, versus just a 9 percent increase at McDonald's.

One Foursquare analyst commented, If McDonald’s bump acts similarly to Taco Bell’s, where the 25 percent became 7 percent as the novelty wore off, McDonald’s will likely fade to between 1 percent to 2 percent within a couple of months.

Shares of McDonald's are flat Wednesday after closing down about 0.6 percent yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Insiders' Blog