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McDonald's U.S. President Joe Erlinger said Monday that $5 meal deal sales are running ahead of expectations and are getting lower-income consumers back into McDonald's stores.
Weaker consumer spending in China and impacts of the Middle East conflict have dented McDonald's business segment where restaurants are operated by local partners, with sales dipping 3.5% compared ...
McDonald's revenue rose 14% to $6.69 billion, ahead of the $6.56 billion Wall Street forecast. McDonald's net income — which included a $26 million charge for a restructuring announced last ...
McDonald's US same store sales were up 2.5%, slightly off from the 2.55% expected. Higher menu prices boosted the average check size, while marketing campaigns and growth in digital and delivery ...
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 ...
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.
But sales fell 0.2% in McDonald’s international franchised markets. It was the first time since 2020 that same-store sales have fallen in that segment. ... McDonald's shares were down 1.5% in ...
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 .