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MCD McDonalds Corp

292.67
2.44 (0.84%)
21 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
McDonalds Corp NYSE:MCD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.44 0.84% 292.67 296.10 290.66 291.00 6,785,024 01:00:00

McDonald's Quarterly Sales, Earnings Surpass Street Views

30/10/2023 11:30am

Dow Jones News


McDonalds (NYSE:MCD)
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From Dec 2022 to Dec 2024

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By Colin Kellaher

 

McDonald's posted third-quarter revenue and earnings that topped Wall Street's expectations amid strong worldwide same-store-sales growth.

The Chicago-based fast-food giant on Monday reported adjusted earnings of $3.19 a share for the quarter, up from $2.68 a share a year earlier and well ahead of the $3.00 that analysts polled by FactSet, on average, were expecting.

Revenue jumped 14% to $6.69 billion, beating the $6.56 billion Wall Street was looking for.

Worldwide comparable sales rose 8.8% amid increases in all segments, topping analysts' expectations for a rise of 8%, and McDonald's said the macroeconomic environment is unfolding in line with its expectations for the year.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 30, 2023 07:15 ET (11:15 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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