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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% ...
Since taking over in 2015, CEO Steve Easterbrook had taken the company on a turnaround plan that included refranchising a large number of its corporate-owned stores, restructuring business ...
CEO Chris Kempczinski said 2023 "is unfolding in line with our expectations."
Few things can stand in McDonald’s way, it seems.Wall Street is expecting more growth ahead of the company’s latest quarterly results on Feb. 5. This comes as tightening wallets, rising costs ...
McDonald's is set to report Q4 2022 earnings on Tuesday, January 31, before the market open.Analysts are keeping an eye on commodity and labor inflation, U.S. consumer sentiment, the resiliency of ...
McDonald's growth in U.S. sales was driven by $5 Meal Deals. It doesn't expect an E. coli outbreak tied to Quarter Pounders to impact its performance.
McDonald’s fans are still showing up for their Big Macs — but not as much as Wall Street thought. The company, which reported its Q4 results on Feb. 5, posted global same-store sales growth of ...
Here are the key figures from McDonald's first quarter report compared to Street estimates, according to data from Bloomberg: Revenue: $5.9 billion vs. $5.58 billion expected Adjusted earnings per ...