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Sunday, June 25, 2017

McDonald's Stock Hits High on Plan to Replace Cashiers With Kiosks

McDonald's Corp. stock price hit an all-time high as Wall Street reportedly cheered the replacement of cashiers with kiosks.

Cowen says McDonald's will upgrade 2,500 restaurants to its "Experience of the Future" technology by year-end, which includes digital ordering kiosks, CNBC reported.

The firm also raised its rating on McDonald's to outperform from market perform and price target for the shares to $180 from $142.

McDonald's shares rallied 26 percent this year through Monday compared to the S&P 500's 10 percent return. Near midday McDonald’s shares were at $154 after earlier hitting $ 155.28.

Andrew Charles from Cowen cited plans for the restaurant chain to roll out mobile ordering across 14,000 U.S. locations by the end of 2017, CNBC explained.

More here

21 comments:

Anonymous said...

No thank you, I have no desire to use a kiosk that has been touched by every nose picking,,, butt scratching flu and cold carrying person in town.

The whole concept is disgusting.

Anonymous said...

I'll bet most of them are places like Seattle where the min wage is ridiculous.

Anonymous said...

When there is no more work for anyone to do, what are we going to do? Puff legal weed and ride our bicycles?

Anonymous said...

This is what 15 dollars hour gets you!! Good job democrats

Anonymous said...

What do you think you are doing when you pull out your money? That's why we have skin. And soap.

Anonymous said...

7:25 PM I use my credit card for 99% of what I do. I don't need your opinion on the matter.

Anonymous said...

I live 7 months per year in Vero Beach, Florida and our local McDonalds has kiosks. Believe me, it's a hell of a lot easier than dealing with stupid clerks who can barely speak English and can't get the order right and can't count change. You punch in your order, swipe your credit card and the order is delivered to your table...correctly!

I would be happy to never see a human taking orders at Mickey D's again.

Zorro said...

All THOSE Obama Knights wanted 15.00 an hour..... get what u asked for Homey.

Anonymous said...

I witness all the time people in the public men's restrooms in OC who go from drenching their hands with piss to leaving the restroom with unwashed hands. At least kiosks have a chance of being used by people who wash their hands.

Actually, voice input is an option with kiosks and they are more efficient. I struggle at least weekly with McDonald cashiers at the payment window when I use Apple Pay. Management obviously doesn't teach them how to use it. I think I would find myself not repeating as much with a kiosk instead of a stupid kid.

Anonymous said...

They are already in some of the McDonalds on the shore.. bridgville, and Harrington have them

Anonymous said...

The wave of the future will be proximity based ordering from your own phone via an app or bluetooth. When you pull into parking lot you get connected and order indicating drive thru, dine in or togo. As for dirty touch screen: order then go wash your hands before eating because you already touched the door handle and several other "dirty" items.

wrench said...

ATM'S....door handles...pushing on a door...anything you pick up was put there by human hands.
Guess you will never want to leave your bubble and go out in the real world.

Anonymous said...

You mean to tell me republicans were right! Tell me it isn't so!

Anonymous said...

That's when the machines wise up and decide to kill all the useless humans. I saw the Documentary on it..

Anonymous said...

This is smart of McDonalds and stupid for society. If the workers aren't being paid by McDonalds they will be paid by you the taxpayer... to stay home.

Anonymous said...

How's that $15.00 hour working out now?
Dumb asses

Anonymous said...

$15.00 an hour your azz right out of a job.

Anonymous said...

That's what $15.00 an hour gets you. Laid off.

Anonymous said...

Terminator...The Machines Take Over !!! !!!! You've Been Advised !!!!

Anonymous said...

SKYNET!!!!!!

Anonymous said...

Wawa had these kiosks way before there was talk of $15/hr. This has more to do with speed, accuracy and convenience than $15/hr. Minimum wage isn't even @ $10/hr yet. You sound like a bunch of parrots left in a room with Fox news playing 24/7.