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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.
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.
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 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% ...
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 international markets also rose 12.6% during the quarter.
Comps surged to new highs in the second quarter, but it was due to higher prices and product mix, not more customers coming to the restaurant.
It was actually introduced nearly 20 years after McDonald’s first opened. Fans of the morning menu have no doubt noticed the pandemic has c urtailed the “all-day breakfast” options, at least ...
In 1990, McDonald's began cooking fries in cholesterol-free, 100% vegetable oil. Then, in 2008, the company announced all french fries in the U.S. and Canada will have 0 grams trans-fat per ...