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)
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