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Stock impact report

McDonald's sales soar on higher prices, newer menu items [Reuters]

Domino's Pizza Inc (DPZ) 
Last domino's pizza inc earnings: 4/23 07:30 am Check Earnings Report
Company Research Source: Reuters
FILE PHOTO: McDonald's Crispy Chicken Sandwiches and fries are pictured in New York, U.S. March 30, 2021. REUTERS/Hilary Russ The company's shares rose 3% to $243.30 in premarket trading, as the fast food giant's global same-store sales jumped 12.7% in the third quarter ended Sept. 30, compared with estimates of a 10.31% rise, according to Refinitiv IBES data. With pandemic-related restrictions easing and restaurants opening at full capacity, McDonald's has been gaining market share from competitors by investing in new menu items such as the crispy chicken sandwich and its “Famous Orders” campaign with pop stars including South Korean boy band BTS and rapper Saweetie. The company, which has been seeking to grow sales digitally, launched a new loyalty program in the United States, while also doubling down on advertising. The upbeat results from McDonald's is in contrast to some other restaurant chains such as Domino's Pizza Inc and Burger King-owner Restaurant Brands Internati Show less Read more
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