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
Burger King opened its fifty-seventh restaurant in Nagykanizsa
Burger King opened its 57th restaurant in the country and…
Read more >McDonald’s came up with a spicy innovation
McDonald’s has launched a unique marketing campaign in the Netherlands,…
Read more >McDonald’s has made a difficult decision
McDonald’s has announced it will buy back its Israeli stores…
Read more >Related news
BH AgrárTrend Index: the outlook for the Hungarian food industry has stabilized
The assessment of the situation of the actors of the…
Read more >We can drink from these RevoCups this year
More than 400 works were submitted to the VÍZió graphics…
Read more >We mostly stock up on sandwich ingredients
Baked goods, cold meats, ham, salami and some kind of…
Read more >