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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.
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.
Here's the key takeaway: Every share of McDonald's bought at the company's IPO would have become 729 shares in the 60-year period since it went public. And those shares would be worth a total of ...
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 ...
The dip was the first decline in global sales for McDonald's since the fourth quarter of 2020 when the U.S. economy, amid the COVID-19 pandemic, had its sharpest annual drop since 1946.
McDonald's hefty expansion plans helped to boost sales in Q1. ... Adjusted earnings per share is up 2% to $2.70, below expectations of $2.72. ... McDonald's US same store sales were up 2.5% ...
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 stock price has really slimmed down. Shares of the fast food heavyweight have tanked 13.5% to $250.45 in the past six months, badly underperforming the S&P 500's 5% gain according to ...