McDonald's (MCD) second-quarter U.S. comps have been hurt by the decline in guest counts, though this has been somewhat balanced by higher average checks thanks to strategic menu price increases.
McDonald's executives acknowledged during an earnings call Monday that diners consider the company's prices too high, and said they are taking a "forensic approach" to evaluating prices. Amid a broade
McDonald's sales fell for the first time since 2020 as lower-income consumers stayed home. The fast food giant released quarterly earnings Monday (July 29) showing a 1% dip in sales, with managemen
David Palmer, Evercore ISI managing director, joins 'Squawk on the Street' to discuss McDonald's quarterly earnings results, how concerning the international markets are for fast food, and much more.
McDonald's Corp. missed on earnings in the second quarter and saw sales drop for the first time since 2020. It says the new $5 value meal hasn't had an effect on sales yet.
The headline numbers for McDonald's (MCD) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimat
Persistent inflation has caused consumers to shift to affordable food options at home, leading chains like McDonald's and others to launch several meal deals to boost customer traffic.
McDonald's NYSE: MCD Q2 results weren't awesome, but the miss was slim compared to the consensus estimates, and revision trends suggest the market was secretly expecting worse. All but one analyst low
McDonald's (MCD) second-quarter earnings fell short of analysts' estimates Monday as lower foot traffic drove comparable store sales down from last year's levels.
McDonald's (MCD) came out with quarterly earnings of $2.97 per share, missing the Zacks Consensus Estimate of $3.08 per share. This compares to earnings of $3.17 per share a year ago.
McDonald's CEO Chris Kempczinski told investors on the earnings call on Monday that consumers were "more discriminating with their spend."
Persistent inflation has caused consumers to shift to affordable food options at home, leading chains like McDonald's and others to launch several meal deals to boost customer traffic.

McDonald's holds firm despite Q2 earnings miss

07:58am, Monday, 29'th Jul 2024
Shares in McDonald's Corp (NYSE:MCD, ETR:MDO) held firm in premarket trading despite the food giant reporting disappointing second-quarter earnings, with revenue, earnings, and same-store sales mis
CNBC's Kate Rogers joins 'Squawk Box' to report on the company's quarterly earnings results.
McDonald's faces global sales drop, international market challenges, and introduces $5 meal deal to combat weakening consumer demand and competition.
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