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McDonald's faces tough competition in chicken and beverages despite growth plans

Market News
12 Oct 2026
CNBC
View Source
Neutral
McDonald's faces tough competition in chicken and beverages despite growth plans

McDonald's aims to grow its market share in chicken and beverages by 2030, targeting a 1.5 percentage point increase in each category. However, new consumer spending data shows rivals like Chick-fil-A and coffee chains such as Starbucks and Dutch Bros. are gaining spending share from McDonald's customers. While McDonald's remains the largest limited-service restaurant chain, its share has declined, highlighting challenges in its growth strategy. Analysts also express concerns about the near-term earnings impact and the timeline for new chicken menu launches.

McDonald's holds a market cap of $166.46 billion and offers a dividend yield of 3.28%, reflecting its status as the largest limited-service restaurant chain despite recent challenges. On Pluang as of Oct 12, 2026 22:11 WIB, McDonald's stock price is USD 234.63, down 0.25% for the day. Meanwhile, Starbucks, a key competitor in beverages, trades at USD 92.10 with a 1.49% gain and a market cap of $103.46 billion, showing stronger daily momentum.

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