Your email has been successfully added to our mailing list.

×
-0.00153592567618179 0.00352139057466096 0.00546939387128186 7.49232037161228E-05 -0.00771708998276767 -0.00352139057466096 -0.00749232037161909 0.000224769611148581
Stock impact report

McDonald's sales surge, warns short-term inflation to persist [Reuters]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Reuters
The burger chain's global same-store sales increased 12.6% in the fourth quarter ended Dec. 31, compared with estimates for an 8.6% rise, according to IBES data from Refinitiv. Sales in the UK, Germany and France rose despite fears of a recession in Europe. The earnings report comes as investors watch for signs of a recession after record inflation last year. McDonald's could benefit if more lower-income customers switch over from higher-priced restaurants - as it did in the third quarter. Chief Executive Officer Chris Kempczinski said in the earnings release that the company expects "short-term inflationary pressures to continue in 2023." The company reported profit of $2.59 per share, an increase of 19%. Like other fast-food chains, Chicago-based McDonald's raised prices of its burgers and fries last year to keep up with surging commodity and labor costs. Even so, traffic rose 5% for full-year 2022 as McDonald's meals remained less expensive than many competitors, drawing Show less Read more
Impact Snapshot
Event Time:
MCD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MCD alerts
Opt-in for
MCD alerts

from News Quantified
Opt-in for
MCD alerts

from News Quantified