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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 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 ...
McDonald's said daily sales took a hit as some customers avoided its restaurants during the health scare, but it doesn't expect a longterm impact. McDonald's says store visits and sales dropped in ...
McDonald's hefty expansion plans helped to boost sales in Q1. ... McDonald's US same store sales were up 2.5%, slightly off from the 2.55% expected. ... and $25 billion for the past 12 months.
Customer visits to McDonald's averaged a 0.27% rise through the July to September period, compared to a 2.2% decline in the prior three months, according to data from Placer.ai.
McDonald’s CEO Chris Kempczinski is promising to bring back “affordability” to the fast food chain as sales growth slows.
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 ...