McDonald's stock (NYSE: MCD), a restaurant chain consisting of more than 40,000 mostly franchised stores, is scheduled to report its fiscal second-quarter results on Monday, July 29. We expect MCD stock to likely trade higher with both revenues and earnings beating expectations marginally in Q2 results.
McDonald's Corporation MCD just declared a quarterly cash dividend of $1.67 per share of common stock payable on Sept. 17 to shareholders of record on Sept.
There's a lot of noise competing for your attention and hard-earned capital. On the one hand, many investors believe the economy is ready to take off.
McDonald's reports earnings before markets open Monday amid reports that the fast food giant is planning to extend the $5 value meal promotion it launched last month into August.
Beyond analysts' top -and-bottom-line estimates for McDonald's (MCD), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
McDonald's (MCD) second-quarter 2024 performance is likely to have been aided by strong digital adoption, innovative menu additions and strategic unit expansion.
An analyst reduced his price target on the shares by 9%. He maintained his buy recommendation, however.
Blue-chip fast food name McDonald's Corp (NYSE:MCD) is preparing to enter the earnings confessional, with second-quarter results due out before the open on Monday, July 29.
McDonald's shares are selling off, facing challenges from high commodity prices and consumer price index increases. The company's shift to franchising has led to flat revenue growth but increased profitability, but now the company has an aggressive expansion plan in place to drive new revenue growth. Q2 earnings preview suggests a gloomy outlook, with a focus on value promotions impacting margins and potential post-earnings sell-off risk.
24/7 Insights The $5 meal was supposed to bring back consumers who thought McDonald's Corp.
McDonald's (MCD) will extend its $5 value meal promotion longer than anticipated because of solid demand, according to reports.
The fast food giant will be extending its value meal deal as customers return after a cut back on food spending.