Investors received McDonald’s flash report well
Overall, the third quarter was successful for McDonald’s. The company successfully outperformed analyst expectations, and management is still optimistic about the company’s transformation – portfolio.hu wrote. McDonald’s has surprised its shareholders by increasing dividend payments, and investors received the company’s flash report well.
The company’s revenue dropped by 6.7 percent to 5.369 billion USD in the third quarter, compared to the same period of the previous year. The management explained the decline with the strategic restructuring of the company’s franchise system. However, it is worth pointing out that the company still exceeded analysts’ expectations of 5.32 billion USD. (portfolio.hu)
Related news
A wave of bankruptcies has shaken the British Pizza Hut network – 68 restaurants are closing, growth is stable in Hungary
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Hundreds celebrated the grand opening of Hungary’s first Popeyes® restaurant in Budapest
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >New McDonald’s restaurants may open in Hungary – Tiszaújváros is also a potential location
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The outlook continued to improve in October, with the GKI business climate index reaching a thirteen-month high
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The holiday season begins with a four-day long weekend – shops will be closed on October 23
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >AI in customer service: tangible business benefits in retail
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >