A tentative rebound in restaurant stocks might get more traction this week, when more than a half-dozen companies release earnings reports.
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Fast-Food Giant Posts Mixed Q2 Results, Sets To Correct Course
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McDonald's (MCD) reported mixed second-quarter results Tuesday, citing execution issues that hurt performance. It also named a new head of its U.S. business. Earnings rose 6% to $3.38 per share year-over-year, excluding charges, which beat the consensus estimate of $3.32. Sales climbed 3.7% to $7.099 billion, below views for $7.128 billion. Comparable sales rose 1.3%, in line with estimates, including…
McDonald's (MCD) reports mixed Q2 results as Q2 revenue misses estimates. Read how McValue missteps impacted traffic and what's…
Shares of McDonald's have risen roughly 3% this year. The fast-food giant has a market cap of nearly $220 billion.
McDonald's shares are down 11% over the past three months, but they should gain ground as the company's moves to increase sales…
McDonalds posted higher second-quarter profit and revenue, though sales growth in its US market slowed as cautious consumers…
McDonald's has jostled its menu and has sought to lure some of those customers to stores through value meals and other specials
Buzzy promotions have helped McDonald's win over high-income consumers.
