McDonald’s Corp. (NYSE:MCD) [Trend Analysis] inched up in pre trading session on Thursday as like indestructible Twinkie, Chicken McNuggets are almost a culinary punchline, a symbol of hyper-processed fast food with a list of ingredients that reads like a chemistry exam. Now McDonald’s wants to take at least some of the mystery substances out. The world’s biggest hamburger chain says it is testing a version without artificial preservatives. It’s the latest move by McDonald’s to try to catch up with changing tastes and turn around its business, which has lost customers in recent years.
The new McNugget recipe is “simpler,” and “parents can feel good” about it, the fast-food company said. While McDonald’s did not give full details about what is or isn’t in the test recipe, it said the new McNuggets do not have sodium phosphates, widely used food additives that the company has said can keep chicken moist. In addition, McNuggets will not be fried in oil containing the artificial preservative TBHQ.
McDonald’s Corp. (NYSE:MCD) moved up reacts as active mover, shares an increase 0.46% to trade at $128.30 and the percentage gap between open changing to regular change was 0.18%.
Buffalo Wild Wings Inc. (NASDAQ:BWLD) [Trend Analysis] declared that it will focus its energy on upcoming soccer tournaments, amid other initiatives, to turn around a drop in Q1 similar-store sales. CEO Sally Smith declared that chicken wing restaurant chain (BWLD) was “dissatisfied to report a same-store sales decline.” Company-owned restaurants experienced a 1.7% drop, and there was a 2.4% drop at franchised restaurants. Buffalo Wild Wings shares closed Wednesday down 10.8%. Shares are down 28% for the past year.
Smith outlined a number of initiatives to drive sales in 2016: strengthening the lunch program; continuing its takeout program, which represented 16% of gross restaurant sales in the first quarter; exploring ways to make its Wing Tuesday promotion more appealing, and adding a Happy Hour menu on May 2; and “winning the market for soccer.”
Buffalo Wild Wings Inc. (NASDAQ:BWLD) try to make new thrust in street and making different trends, stocks trading ended with -10.80% to $129.00. The share price of BWLD attracts active investors, as stock price of week volatility recorded 3.19%. The stock is going forward to its 52-week low with -4.41% and lagging behind from its 52-week high price with -37.33%.