McDonald's sales decline

Note: This section contains information in English only.
Source: Dukascopy Bank SA


For the first time in three years, the global sales of McDonald's have declined. In addition, the company has missed its quarterly earnings expectations.

Earnings per share were expected at $3.074, but actual earnings are $2.97. Total Revenues were estimated to be $6.623 billion. Actual revenues were $6.49 billion.

However, the stock price of the firm surged on the news, as the management of the firm revealed plans to deal with the decline in demand.

Meanwhile, the news of a decline in demand for dining are expected to impact the whole sector, as McDonald's is seen as a leader of the dining market.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.