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Here's what McDonald's reported for fiscal 2023, compared to Wall Street's expectations, per Bloomberg consensus data: Revenue: $25.49 billion versus $25.53 billion expected Adjusted EPS: $11.94 ...
Global same-store sales growth was 1.9% year over year, compared to the 2.33% jump that Wall Street was hoping for. That's also far lower than the 12.6% increase seen in 2023 Q1.
Shares of the fast food operator were down about 1% following these results. Year-to-date McDonald's stock is up more than 10% against a 7% gain for the S&P 500. ... a McDonald's restaurant on ...
Investors are digesting McDonald's attempts at a comeback as foot traffic falters due to an E. coli outbreak. ... Adjusted earnings grew 1% to $3.23 a share, compared with estimates of $3.20 ...
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CEO Chris Kempczinski said 2023 "is unfolding in line with our expectations." McDonald's beat earnings estimates, boosted by higher menu prices [Video] Skip to main content
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McDonald's also incurred pre-tax charges of $18 million, or $0.02 per share, for the quarter and $198 million, or $0.20 per share, for the six months ending June 30, primarily related to its ...