The outbreak was reported in 10 states and at least 10 people have been sent to the hospital, the U.S. Centers for Disease Control said on Tuesday.
Shares of McDonald’s fell 7.3% in early trading on Wednesday after an E. coli outbreak linked to the restaurant chain’s Quarter Pounder hamburgers resulted in the death of one person and sickened 49 people in the U.S.
The outbreak could have been caused by the use of slivered onions used in the Quarter Pounder and was sourced from a single supplier that serves three distribution centers, McDonald’s said based on its initial findings.In the past, two notable E. coli outbreaks — at Chipotle Mexican Grill in 2015 and Jack in the Box in 1993 — significantly hurt sales at the companies.
Analysts said McDonald’s fourth-quarter sales could see some pressure from the outbreak but it is too early to say if it would be worse than the previous two E. Coli cases.“...while it is early, historical precedent suggests comp pressures can trough quickly and prove transitory, assuming no recurrence,” BMO Capital Markets analyst Andrew Strelzik said. in July, its first quarterly decline in more than three years, as deal-seeking consumers pushed back on its higher-priced menu items.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
McDonald’s slumps as CDC says E. coli outbreak linked to quarter pounder burgersMcDonald’s slumps as CDC says E. coli outbreak linked to quarter pounder burgers
Read more »
McDonald's E. Coli Map Shows Where Quarter Pounder is Making People SickThe CDC says 49 people from 10 states have fallen ill due to this outbreak, with 27 cases reported in Colorado and 9 in Nebraska.
Read more »
One dead, 10 hospitalized from E. coli outbreak linked to McDonald's quarter pounderMcDonald’s has proactively removed the slivered onions and beef patties used for the quarter pounder hamburgers from stores in the affected states while the investigation continues, the compa…
Read more »
E. coli outbreak linked to McDonald's Quarter Pounder hamburgersRooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
Read more »
McDonald's Quarter Pounder hamburgers linked to deadly E. coli outbreak, CDC saysMcDonald's has stopped selling the popular product in some states as an investigation into the cause of the bacteria continues.
Read more »
Is the McDonald's Trump Worked at Part of E. Coli Quarter Pounder Outbreak?The CDC has reported 49 E. coli cases across 10 states, with 10 hospitalizations and one death.
Read more »