MCD - McDonald's Bottomline Faces The Heat Of Consumer Spending Cut In Q1 Shares Slide | Benzinga
McDonald’s Corp (NYSE:MCD) shares are trading lower after the company reported first-quarter FY24 sales growth of 4.6% year-on-year to $6.17 billion, beating the analyst consensus estimate of $6.155 billion.
Global comparable sales rose 1.9%, marking 13 consecutive quarters of positive comparable sales growth.
U.S. comparable sales rose 2.5%, and systemwide sales increased 3%. Sales by company-owned and operated restaurants increased 6% Y/Y ...