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Stock impact report

UPDATE 1-McDonald's U.S. same-store sales top forecast on new deals, revamped stores [Reuters]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Reuters
UPDATE 1-McDonald's U.S. same-store sales top forecast on new deals, revamped stores - Reuters 2 Min Read (Adds details from release, shares, background) July 26 (Reuters) - McDonald’s Corp beat quarterly sales expectations at established U.S. restaurants on Friday, as the world’s largest burger chain benefited from remodeled stores and new deals, including the 2 for $5 Mix and Match offer. The company’s stock, a component of the blue-chip Dow Jones Industrial index, rose 2% to $219.39 in early trading. The U.S. restaurant market has been stagnant with lower customer traffic in recent years, dogged by increasing number of competitors among fast-food chains and the entry of delivery services such as DoorDash and Uber Eats, forcing established chains to find new ways of attracting and retaining customers. McDonald’s has been remodeling its 14,000 restaurants in the United States - its biggest market - by introducing digital ordering kiosks and new mobile order, pay and pickup services, Show less Read more
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