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0.000693937180423659 -0.000840029218407663 -0.000547845142439654 0 -0.000913075237399562 0.00248356464572683 0.00109569028487952 0
Stock impact report

McDonald's faces weaker foot traffic, value proposition as it sets to report Q1 earnings [Yahoo! Finance Canada]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Wall Street is expecting weaker foot traffic for the chain, which may take a toll on McDonald's ( MCD ) Q1 report. The fast food giant is set to report its Q1 earnings before market open on Tuesday. Expectations are muted, as the Street fears that consumers may be pulling back on their Big Mac or McNuggets in light of persistent inflation. McDonald's revenue is expected to grow 4.4% year over year to $6.14 billion, while adjusted earnings per share is expected to come in 3.4% higher at $2.72. ADVERTISEMENT Global same-store sales growth is expected to see a 2.33% jump, down from the 3.4% growth seen in Q4 2023. In early January, CEO Chris Kempczinski wrote in a LinkedIn post that "several markets in the Middle East and some outside the region are experiencing a meaningful business impact due to the war and associated misinformation that is affecting brands like McDonald's." In the US, same store sales is expected to grow 2.55% year over year, also lower than Q4's 4.3% jump Show less Read more
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