MCD's third-quarter U.S. comps suffer due to a decline in guest counts.
U.S. stocks traded mixed this morning, with the Dow Jones index edging lower on Tuesday.
Consumer stocks to check out in the stock market now.
McDonald's (MCD) reported an earnings beat as the fast-food giant reels from its E. coli outbreak.
McDonald's CEO Chris Kempczinski told investors that the company views the E. coli outbreak linked to its Quarter Pounder burgers as "being behind us.

McDonald's (MCD) Earnings & E. coli

09:15am, Tuesday, 29'th Oct 2024
Matt Todd breaks down the latest quarterly figure from the Golden Arches. As McDonald's (MCD) consumers face rising inflation costs, Matt dissects the fast food giant's discounting strategy with its $
McDonald's (MCD) came out with quarterly earnings of $3.23 per share, beating the Zacks Consensus Estimate of $3.18 per share. This compares to earnings of $3.19 per share a year ago.
Wall Street stocks are expected to head lower on Tuesday, reversing gains made at the start of the week as more earnings flood in.  Futures are pointing to a 0.2% decline for the S&P 500 and 0.4% for
McDonald's global sales fell for the second consecutive quarter, down 1.5%. Fast-food chains have faced challenges from food inflation, affecting consumer spending habits.
Pfizer Q3 earnings beat expectations, driven by Paxlovid sales. Cost-saving goals aim for $4B by 2027 as Covid demand slows.
McDonald's shares slipped in premarket trading Tuesday after it reported higher third-quarter revenue but lower profit than last year, as the fast-food giant's same-store sales fell more than expecte
McDonald's Corp has reported a drop in comparable sales for a second consecutive quarter due to pressure in the likes of China, France and the UK and war in the Middle East. Global comparable sales f
The company's stock was down in premarket trades Tuesday morning.
McDonald's on Tuesday posted a steeper-than-expected drop in quarterly global comparable sales, hurt by weaker traffic across its key markets even as it intensified promotions to woo back customers af

McDONALD'S REPORTS THIRD QUARTER 2024 RESULTS

07:00am, Tuesday, 29'th Oct 2024
Consolidated revenues for the quarter were nearly $6.9 billion, an increase over prior year of 3% (2% in constant currencies) Systemwide sales* to loyalty members across approximately 50 loyalty marke
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