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Bloomberg
Financial

McDonald's Billion-Dollar Plan; Cracker Barrel Gains on Forecast | Stock Movers

On this episode of Stock Movers: - McDonald's (MCD) shares are moving on news the company's earmarking roughly $8.5 billion to help franchisees implement a multiyear plan to serve better food, improve service and make restaurants easier to run. - Cracker Barrel (CBRL) shares are gaining after the restaurant chain provided an adjusted Ebitda forecast for fiscal 2027 that beat the average analyst estimate. - KBHomes (KBH) shares are dropping after the homebuilder lowered the upper end of its housing revenue forecast for the full year. The company also cut its housing gross profit margin for 2026.

Leia mais: McDonald's Billion-Dollar Plan; Cracker Barrel Gains on Forecast | Stock Movers
Bloomberg
Financial

Chanel CEO Plans To Keep Investing in China

Chanel plans to keep investing in China, undeterred by the economic downturn that has hit the luxury industry hard. Chief Executive Officer Leena Nair says China is still an important market. She spoke with David Rubenstein for an upcoming episode of The David Rubenstein Show: Peer to Peer Conversations, airing Wednesday, December 9.

Leia mais: Chanel CEO Plans To Keep Investing in China