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McDonald's (MCD.US) Excludes Beef Patties as Source of E. Coli Outbreak

Market IntelSunday, Oct 27, 2024 9:30 pm ET
1min read

Zhitong Finance learned that McDonald's (MCD.US) said it will reintroduce Quarter Pounders to all restaurants this week after the company ruled out the possibility that the burgers were the source of an E. coli outbreak that has sickened dozens of people and killed one in several states. The fast-food chain said it combined its supply chain tracking data with information from government agencies, including an analysis by the Colorado Department of Agriculture that found no E. coli in dozens of samples taken from fresh and frozen patties from multiple batches at the restaurants.

McDonald's yanked Quarter Pounders from menus at dozens of restaurants in a dozen states last week to contain the damage from the E. coli outbreak linked to the burgers. The infection appeared to have originated from the onions on the sandwiches. About 20% of the chain's 13,000 restaurants in the U.S. stopped selling the burgers, which the company said it would resume without the onions on Sunday.

The company said in a statement on Sunday: "The issue seems to be limited to a specific ingredient and geography, and we remain very confident that any contaminated product associated with this outbreak has been removed from our supply chain and removed from all McDonald's restaurants."

Joe Erlinger, president of McDonald's USA, apologized to affected customers while assuring them that eating at McDonald's is safe. Erlinger said in a video posted on the company's website: "I represent the McDonald's system, and I want you to hear me say: We're sorry. To those affected customers, I promise you, under the guidance of our values, we will correct this mistake."

The U.S. Centers for Disease Control and Prevention said Friday that Colorado reported the most cases, with 75 people infected in 13 states, including one death. The CDC said it believed the risk to the public was "very low" because McDonald's and the onion supplier, Taylor Farms, had taken action and Taylor Farms had recalled some of its products. Other fast-food chains also pulled onions from menus out of concern about E. coli.

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ShainDE
1 hour ago
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thequietguy_
2 hour ago
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Lorien6
05/16
"Wow, HCTI just did a faceplant into the stock market's punch bowl. 86% drop? That’s like Michael Scott getting fired and then the Dundie Awards got canceled. But hey, every crash is a potential comeback story. Maybe they’ll pull a 'Hamilton' and rise from the ashes. Or maybe they’ll just keep sinking like the Titanic. Either way, it’s a rollercoaster ride for investors. Buckle up, folks!
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MalevolentLord4479
05/16
OMG!🚀 HCTI stock went full bull trend! Cashed out $308 gains!
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Reisyz97
5 hour ago
Wow!🚀 AAPL stock went full bull as tools from Pro benefits. Cashed out $329 gains!
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ryanppax
3 hour ago
@Reisyz97 Sold at the right time! I was stuck with AAPL for longer, missed that spike. FOMO hitting hard now.
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investorVXY
2 hour ago
@Reisyz97 How long were you holding AAPL before selling? Curious about your strategy.
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East-Possibility-711
7 hour ago
$NVDA bear trap! Watch this one take off today?
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LogicX64
6 hour ago
@East-Possibility-711 Think $NVDA's gonna moon today?
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Great-Hornet-8064
9 hour ago
OMG!the Peak Seeker algorithm successfully identified both trough and apex inflection points in NVDA equity's price action, while my execution latency resulted in material opportunity cost.
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bahits
05/15
Wow!I successfully capitalized on the ETH stock's bearish movement with Premium tools, generating $457!
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Xtianus21
05/15
@bahits How long were you holding ETH stocks? Was it a short-term trade or a longer play?
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CrisCathPod
05/15
@bahits I got in on BTC-S presale, feeling the FOMO hard. Could've been way worse, tho.
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bllshrfv
03/08
Real-world assets boost credibility, Doge can't compete.
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Tryingtodoit23
03/08
Doge might have its community, but RCOF's tech offers more than just speculation. Solid investment for the win.
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deejayv2
03/08
@Tryingtodoit23 Tech beats memes, no doubt.
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haarp1
03/08
@Tryingtodoit23 RCOF's tech is fire, but keep an eye on Doge's moves.
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Solarprobro4
03/08
RCOF's AI is 🔥, Doge is dead weight.
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rubiyan
03/08
RCOF's roadmap looks promising. Tokenization of real-world assets could disrupt the market. Watching closely for next moves.
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Qwazarius
03/08
@rubiyan RCOF's roadmap looks solid, but can they execute?
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Ok-Memory2809
03/08
@rubiyan Real-world asset tokenization is 🔥.
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FTCommoner
03/08
Real-world asset integration is smart. Institutions want stability, and RCOF delivers. Big difference from Doge's hype train.
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TenMillionYears
03/08
@FTCommoner True, RCOF's stability attracts institutions.
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that_is_curious
03/08
Security and transparency are the unsung heroes here. Doge could learn a thing or two.
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Puzzleheaded-Mood544
03/08
@that_is_curious True, sec & transp matter.
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scccc-
03/08
Staking APY is insane, passive income dream!
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Anklebreakers10
03/08
RCOF's AI trading bot is a game-changer. No-brainer compared to Doge's wild west vibes. 🚀
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meowmeowmrcow
03/08
@Anklebreakers10 AI bots r cool, but RCOF risk? 🤔
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TeslaCoin1000000
03/08
Almost $14M in presale? Market's voting with their wallets. RCOF's utility is resonating. 🚀
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Fidler_2K
03/08
@TeslaCoin1000000 What do you think about Doge's chances?
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Throwaway420_69____
03/08
RCOF presale haul shows market knows better.
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Tiger_bomb_241
03/08
86% APY? I'm stacking RCOF like pancakes. Passive income FTW.
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Medical-Truth-3248
03/08
Real-world asset integration is the secret sauce. Institutions will flock to this stability. Smart play.
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LoinsSinOfPride
03/08
Security and transparency are key. RCOF feels like a solid long-term play, not just a pump and dump like some meme coins.
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portrayaloflife
03/08
Hodling RCOF, diversifying beyond meme coins.
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BlackBlood4567
03/08
Holding RCOF as part of my diversify crypto bag. High-yield staking covers fees, and AI trading is a bonus.
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OneTrickPony_82
04/25
OMG!The BTC stock was in a clear trend, and I made $292 from it!
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bllshrfv
04/23
$DIS might need more than Fubo to tackle $NFLX. Watching their next moves closely.
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TobyAguecheek
04/23
@bllshrfv What do you think DISney's next move will be?
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TenMillionYears
04/23
Sports fans on Disney+? Game changer if they pull it off. Risky but could shake up Netflix's dominance.
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Master_Algae_2845
04/23
OMG!Those $DIS whale-sized options block were screaming danger! � Closed positions just in time profiting more than $266
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