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Stock impact report

“McDonald's (MCD) Had A Very Good Quarter,” Says Jim Cramer [Yahoo! Finance]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
Computing . McDonald's Corporation (NYSE:MCD) is one of the stocks Jim Cramer recently discussed. McDonald's Corporation (NYSE:MCD)'s shares are up by 2.5% year-to-date despite the multifaceted turmoil that the restaurant sector is facing. Restaurant firms have suffered from a price-conscious customer and turmoil in the beef industry. However, Cramer has repeatedly pointed out that McDonald's Corporation (NYSE:MCD)'s scale has meant that the restaurant chain has been able to lower prices as consumers struggle. In this appearance, he also praised McDonald's Corporation (NYSE:MCD)'s latest quarterly earnings report. The results saw the firm's same-store sales grow by 3.6%, but its revenue and EPS missed analyst estimates. Yet, despite the miss, Cramer asserted that McDonald's Corporation (NYSE:MCD) had a good quarter: “But wow, I don't know, even Shake Shack, anybody who sells, has beef, is hurting, with the exception of obviously, once again, McDonald's which had a very good quarte Show less Read more
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