Q2 2024 – Franchise Stock Performance vs. S&P 500
This report “Q2 2024 – Franchise Stock Performance” compares franchise brands across major sectors to the S&P 500. The S&P 500 grew by 4.4% in Q2, while only 1 franchise stock outperformed the index. Out of the 6 stocks we tracked, only 2 had a positive share price return in Q2, while 4 had share price losses.
Q2 2024 Franchise Stock Performance vs S&P 500
S&P 500 Index
April 1, 2024 5243.77
July 1, 2024 5475.09
Change +4.4%
Growth of +4.4% in Q2
The franchise stocks and sectors we are tracking include food service, fitness, real estate, home services, hospitality, and manufacturing. By tracking these brands against the S&P 500 index, we can better see how they are performing compared to the broader macro-business economy.
Additionally, analyzing the franchise group’s shares provides insights into stock price targets, earnings data, and dividend yield, offering a comprehensive view of the company’s stock performance.
Foodservice – McDonald’s (MCD) Franchise Group’s Earnings
April 1, 2024 – $280.22
July 1, 2024 $249.99
Change -12.1%
Growth of -12.1% in Q2
We will provide more insights into 2024 Q2 results when the financial report is available from McDonald’s.
Fitness – Planet Fitness (PLNT) Specialty Retailer
April 1, 2024 – $64.07
July 1, 2024 $72.15
Change +11.2%
Growth of +11.2% in Q2
We will provide more insights into 2024 Q2 results when the financial report is available from Planet Fitness.
Real Estate – RE/MAX (RMAX) Residential Furniture
April 1, 2024 – $8.18
July 1, 2024 – $8.12
Change -0.7%
Growth of -0.7% in Q2
We will provide more insights into 2024 Q2 results when the financial report is available from RE/MAX.
Home Services – FirstService Brands (FSV)
April 1, 2024 – $164.87
July 1, 2024 – $152.13
Change -8.4%
Growth of -8.4% in Q2
We will provide more insights into 2024 Q2 results when the financial report is available from FirstService Brands.
Hospitality – Hilton (HLT)
April 1, 2024 – $212.70
July 1, 2024 -$214.23
Change +0.7%
Growth of +0.7% in Q2
We will provide more insights into 2024 Q2 results when the financial report is available from Hilton Hospitality Group.
Manufacturing – Snap-on (SNA)
April 1, 2024 – $294.63
July 1, 2024 $256.90
Change -14.7%
Growth of -14.7% in Q2
We will provide more insights into 2024 Q2 results when the financial report is available from Snap-on.
This report is not intended to provide financial advice on how to invest your hard-earned dollars. Please seek professional advice when investing.
