McDonald's dips after the Middle East war impacts sales [Seeking Alpha]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Seeking Alpha
Global comparable sales were up 1.9% for the restaurant giant in comparison to the +2.3% consensus expectation of analysts. U.S. comparable sales were up 2.5% vs. +2.6% consensus. Comparable sales results benefited from average check growth driven by strategic menu price increases. Successful restaurant level execution, effective marketing campaigns featuring the core menu and continued digital and delivery growth contributed to positive comparable sales results. The International Operated Markets segment reported a 2.7% increase in comparable sales increase during the quarter, vs. +3.2% consensus. Segment performance was driven by positive comparable sales in most markets, led by the U.K. and Germany, partly offset by negative comparable sales in France. The International Developmental Licensed Markets segment saw a 0.2% comparable sales decline vs. +1.2% consensus. The continued impact of the war in the Middle East more than offset positive comparable sales in Japan, Latin Am
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MCD
News
- The Latino Donor Collaborative Appoints Pancho Gonzalez, CEO of Lopez Dorada Foods, to its Board of Directors [Yahoo! Finance]Yahoo! Finance
- McDonald's: Debt Funded Payout-Ratio And Reignited Restaurant Growth [Seeking Alpha]Seeking Alpha
- Top 500 restaurant chains grew 2023 sales 7.5% despite traffic declines [Yahoo! Finance]Yahoo! Finance
- Target to cut prices on 5,000 items in bid to lure cash-strapped customers [Yahoo! Finance]Yahoo! Finance
- Target to cut prices on 5,000 products in bid to lure cash-strapped customers [CBS News]CBS News
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/20/24 - Form 8-K
- 5/15/24 - Form 424B2
- 5/15/24 - Form 424B2
- MCD's page on the SEC website