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The company reported global same-store sales rose 11.7%, more than the 9.4% expected by analysts. US same-store sales rose 10.3%, more than the 9.1% forecast by Wall Street.
McDonald's beat expectations for its third quarter results as the burger chain continues to investigate an E. coli outbreak.On Tuesday morning, the company posted revenue of $6.87 billion, up 3% ...
McDonald’s U.S. same-store sales, or sales at locations open at least a year, fell 1.4% in the fourth quarter. McDonald's improving global sales help to offset US weakness in fourth quarter Skip ...
1972: The McDonald's system generates $1 billion in sales through 2,200 restaurants. [59] 1972: The first McDonald's in New York City opens on Manhattan's Upper West Side, dubbed "Townhouse" (to reflect that it was not a drive-in), and serves a record 100,000 hamburgers in its first week. [60] 1973: The first McDonald's in Sweden opens in ...
Global same-store sales growth was 1.9% year over year, compared to the 2.33% jump that Wall Street was hoping for. That's also far lower than the 12.6% increase seen in 2023 Q1. ... McDonald's US ...
Shares of the fast food operator were down about 1% following these results. Year-to-date McDonald's stock is up more than 10% against a 7% gain for the S&P 500. ... Same-store sales in McDonald's ...
For the full fiscal year, sales in the US jumped 8.7%. In its internationally operated markets, Q4 same-store sales increased 4.4%, down from the 12.6% growth McDonald's saw a year ago.
For years, McDonald’s was known as the place for burgers, fries and shakes. Today, the ever-expanding menu includes hundreds of options with featured favorites including the Big Mac, Spicy ...