Picture of Mcdonalds logo

MCD Mcdonalds News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsConservativeLarge CapNeutral

McDonald's rises after Q1 revenue, profit beat

** Shares of McDonald's MCD.N up about 4% at $295.08 premarket

** Co reports quarterly revenue of $6.52 billion, beating estimates of $6.47 billion - LSEG data

** Posts adjusted EPS of $2.83 vs analysts' expectations of $2.74

** However, co misses sales estimates, hurt by weak traffic amid higher fuel and grocery costs

** Reports quarterly U.S. same-store sales growth of 3.9% vs expectations of a 4.2% rise

** As of last close, MCD down 7% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))

Recent news on Mcdonalds

See all news