Here's how much money you'd have if you invested $1,000 into McDonald's 10 years ago [CNBC]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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US:NYSE Investor Relations:
corporate.mcdonalds.com/mcd/investors.html
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Source: CNBC
For the fiscal fourth quarter, McDonald's reported earnings per share of $2.59 on $5.93 billion in revenue . That compares with earnings per share of $2.45 on $5.68 billion of revenue Wall Street expected, according to Refinitiv. The fast-food giant also reported an increase in customer visits to its domestic restaurants and a 10.3% uptick in U.S. sales, driven by higher menu prices and increased demand. Global same-store sales rose 12.6% in the quarter. “Overall, the consumer, whether it's in Europe or in the U.S., is actually holding up better than what we would have probably expected a year ago or six months ago,” said CEO Chris Kempczinski on the company's conference call Tuesday morning. What this means for investors Despite the fast-food chain beating analysts' expectations, Kempczinski gave a cautious outlook for 2023. The company expects short-term inflation to continue this year, but executives believe that inflation has likely peaked in the U.S. Looking further in
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MCD
News
- 25% Food & Dining Inflation Indicates Recession [Forbes]Forbes
- Dine Brands wants to diversify franchising [Yahoo! Finance]Yahoo! Finance
- McDonald's (MCD) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- McDonald's Co. (NYSE: MCD) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $330.00 price target on the stock.MarketBeat
- Krispy Kreme Soars On A Tasty Initiative [Seeking Alpha]Seeking Alpha
MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 4
- 3/20/24 - Form PRE
- MCD's page on the SEC website