Andrew Charles, TD Cowen managing director, joins 'The Exchange' to discuss the reasons behind McDonald's Q4 sales miss, how to position the stock, and more.
“The battleground is certainly with that low-income consumer.”
McDonald's (MCD) fourth-quarter U.S. comps benefits from menu price increase, effective marketing campaigns and continued digital and delivery growth.
McDonald's Corporation (MCD) Q4 2023 Earnings Call Transcript

Here's Why McDonald's Stock Dipped Today

11:50am, Monday, 05'th Feb 2024
McDonald's increased prices in 2023, leading to higher sales and record profitability. The company expects to grow in 2024 but at a slower pace, causing investors to wonder if this is still a stock wo
McDonald's Corp has posted a rare earnings miss after the knock-on effects of the Israel-Hamas war ate into the fast-food chain's sales late on in the year. “Systemwide sales and revenue [have] been

A Week of Fed Speak and Q4 Earnings

11:41am, Monday, 05'th Feb 2024
This week is rife with Fed members speaking publicly: Chicago, Atlanta, Cleveland, Minneapolis, Philadelphia and Dallas will all be heard from.
David Palmer, Evercore ISI analyst, joins 'Squawk on the Street' to discuss McDonald's quarterly earnings results, whether the boycott headwinds in France will worsen, and more.
McDonald's (NYSE: MCD ) failed to meet revenue estimates for the first time in four years, blaming its international business. For the fourth quarter, McDonald's reported net income of $2 billion, $2.
Fast food giant McDonald's Corp (NYSE:MCD) announced a fourth-quarter earnings win earlier, but missed revenue expectations  as conflict in the Middle East squeezed sales.
While the top- and bottom-line numbers for McDonald's (MCD) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics comp

McDonald's sales hit over Middle East conflict

10:15am, Monday, 05'th Feb 2024
McDonald's warned again that its business is being impacted by the ongoing tensions in the Middle East. It anticipates its sales taking a hit until the war ends.
McDonald's NYSE: MCD had a solid quarter, but headwinds cut into the top line and will persist for the foreseeable future. The headwinds include war in the Middle East and consumer pull-back in the US
McDonald's (MCD) came out with quarterly earnings of $2.95 per share, beating the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $2.59 per share a year ago.
Andy Barish, Jefferies equity analyst, joins 'Squawk Box' to break down McDonald's quarterly earnings results, which beat earnings estimate but missed on revenue as international markets lagged.
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