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McDonald's is expected to post a 0.72% drop in global same-store sales in the third quarter, while earnings per share is expected to be $3.20, according to estimates compiled by LSEG.
McDonald’s has experienced troubled waters before. Prior to Kempczinski helming the company in 2015, McDonald’s was struggling to compete with concepts like Shake Shack and Chipotle .
Last week, McDonald's temporarily paused serving Quarter Pounders in a fifth of its 14,000 U.S. restaurants due to an outbreak that has killed at least one person. Quarter Pounders were being ...
Excluding one-time items such as restructuring charges, McDonald's earned $2.97 per share. That was far from the per-share profit of $3.07 that industry analysts had forecast.
McDonald's US same store sales were up 2.5%, slightly off from the 2.55% expected. Higher menu prices boosted the average check size, while marketing campaigns and growth in digital and delivery ...
McDonald’s introduced their $5 value meal earlier this year in response to inflation Inside McDonald’s plan to win back American consumers amid sales slump, E coli outbreak Skip to main content
Prices at McDonald's are still expected to increase—albeit at a slower pace of 2% to 3%, versus last year’s 10%— restaurant analyst Mark Kalinowski told the New York Post. Fortune has ...
McDonald’s saw a drop in profits over the last year as more and more families opt to eat at home to save money.Now, they’ve introduced a $5 meal deal with the hopes of earning more cash.. The ...