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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.
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 profits down 12% as low-income families tighten budgets with chain hoping $5 deal can save sales. Katie Hawkinson. ... Target announced in May it is cutting prices on some 5,000 items
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.
There was a similar trend for global same-store sales, though McDonald’s attributed the problem to slower store traffic in France and the Middle East fell due to boycotts sparked by the war in ...
McDonald’s is feeling the heat from upset customers. It reported global same-store sales growth of 3.4% in its 2023 fourth quarter, falling short of its expected 4.79% increase. U.S. sales ...
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 ...
McDonald's suspending Quarter Pounder sales in some Oklahoma stores amid E. coli outbreak Oklahoma Quarter Pounders are off the menu in some Oklahoma stores due to a recent E. coli outbreak across ...