McDonald’s (MCD) Stock: Value Deals Win Customers But Earnings Still Fall Short

TLDR McDonald’s US same-store sales rose 2.5% in Q3, beating Wall Street’s 2.2% estimate and matching the prior quarter’s growth. Adjusted earnings per share of $3.22 missed analyst expectations of $3.32, while revenue of $7.1 billion met forecasts. Global same-store sales increased 3.6% during the quarter, slightly below Q2’s 3.8% rise. The company cut prices [...]

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