McDonald’s Mixed Results Amid Challenges
Conversely, McDonald’s encountered mixed outcomes in its quarterly report. While it narrowly surpassed revenue expectations with $6.17 billion against the $6.16 billion forecast, its adjusted earnings per share of $2.70 slightly missed the expected $2.72. The company’s net income saw an increase from $1.8 billion to $1.93 billion. However, a $35 million pre-tax charge linked to ongoing reorganization efforts impacted its profitability.
McDonald’s Sales Up Amid Middle East Struggles
The fast-food giant reported a modest global same-store sales increase of 1.9%, with U.S. same-store sales up 2.5%, though slightly below the anticipated 2.6%. Notably,…
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