McDonald's (MCD) reported worse-than expected fourth-quarter results Monday morning as U.S. comparable sales declined.
CNBC's Becky Quick reports on the company's quarterly earnings results.
McDonald's posted a steeper-than-expected drop in quarterly U.S. comparable sales on Monday, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.
McDonald's Corporation MCD will release its fourth-quarter financial results, before the opening bell, on Monday, Feb. 10, 2025.
McDonald's is expected to report another quarter of same-store sales declines. Traffic to the fast-food giant's U.S. restaurants fell after the Centers for Disease Control and Prevention linked its Quarter Pounder burgers to an E.
While quarterly revenue is expected to come slightly higher than a year ago, earnings estimates are 3.4% down from a year ago.
There's no denying McDonald's (MCD -0.02%) is the premier name of the fast-food industry. Not only is it the business's biggest hamburger chain (as measured by the number of locales and revenue), but its operation has become the gold standard for how the restaurant franchise business should be managed.
If there is one truth in the fast food world, McDonald's will take every opportunity to expand its empire.
McDonald's Corp MCD will be reporting its fourth-quarter earnings on Monday. Wall Street expects $2.84 in EPS and $6.44 billion in revenues as the company reports before market hours.
McDonald's Corporation MCD will release its fourth-quarter financial results, before the opening bell, on Monday, Feb. 10, 2025.
MCD's fourth-quarter 2024 top line is likely to have been aided by strong digital adoption, innovative menu additions and unit expansion.
The latest trading day saw McDonald's (MCD) settling at $288.83, representing a -0.32% change from its previous close.