McDonald’s (MCD) Stock: $5 Meal Deal Powers Earnings Blowout

TLDR McDonald’s delivered Q4 earnings of $3.12 per share on $7.01 billion revenue, beating Wall Street forecasts of $3.04 per share and $6.84 billion U.S. comparable sales surged 6.8% while global comparable sales climbed 5.7%, powered by $5 meal deals and promotional campaigns The fast-food chain targets 50,000 global restaurants by late 2027, expanding from [...]

The post McDonald’s (MCD) Stock: $5 Meal Deal Powers Earnings Blowout appeared first on Blockonomi.