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0.00151331719128342 0.00325363196125913 0.0101392251815981 0.00771791767554487 0.0111228813559322 0.016949152542373 0.0128631961259081 0.00597760290556916
Stock impact report

McDonald's sales surge on $5 meals for cost-conscious consumers [Los Angeles Times (CA)]

Restaurant Brands International Inc. Common Shares (QSR) 
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: rbi.com/investor-home
Sales from established US restaurants jumped 6.8% in the period from a year ago when foot traffic was dented by an E. coli outbreak, ahead of analyst estimates and the highest since 2023. Earnings, excluding one-time items, also outpaced the average of estimates compiled by Bloomberg, as did comparable sales at the company's two international divisions. McDonald's priority in recent quarters has been to regain its status as an affordable dining-out option after prices surged coming out of the pandemic. Fourth-quarter results suggest those efforts, which have included more affordable menu items and value meals priced as low as $5, are gaining ground and allowing the burger chain to outperform competitors. “McDonald's is not going to get beat on value and affordability,” Chief Executive Officer Chris Kempczinski said during the company's conference call. He added that McDonald's gained market share with low-income consumers in December. Mark Kalinowski, CEO of Kalinowski Equity R Show less Read more
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