Implications of McDonald’s earnings miss
On October 22 McDonald’s (MCD) reported third quarter earnings of $2.11 a share. That was a big 11 cents a share below Wall Street expectations. Revenue of $5.43 billion for the quarter was up just 1.1% year over year and $40 million below Wall Street consensus....
McDonald’s announces test of Beyond-Meat-based PLT
We knew this one was coming, right? Today, McDonald’s (MCD) announced that it would begin a test of the PLT, the plant, lettuce and tomato burger, for 12 weeks in 28 restaurants in south-western Ontario. The move mirrors but trails (by six months) the...
Tomorrow I’m selling McDonald’s out of my Dividend Portfolio
In my post of June 28 “My baseline stock market scenario for the next 30 days” I pointed to an earnings/post earnings report pattern that I thought posed significant danger to stocks. Analysts, I noted, were projecting knock out earnings growth for the...
McDonald’s jumps on earnings beat
McDonald’s reported a solid earnings beat of 12 cents a share ($1.79 vs expectations for $1.67) before the market opened today, April 30. Revenue fell 9.5% year over year to $5.14 billion but that was still ahead of the $4.97 billion Wall Street consensus for...
My seventh stock pick of Christmas is McDonald’s–and seven swans a-swimming
I’ve become convinced that the best way to think about McDonald’s (MCD) and other established fast-food stocks is as cyclicals. Oh, not in the usual way where the fortunes of a company rise and fall with the cycles in the economy. No, I think the...
Chickens come home to roost? After an earnings beat McDonald’s faces tough comparisons just as all-day breakfast becomes old hat
So now McDonald’s (MCD) comes to the hard part. On Friday October 21, McDonald’s reported third quarter earnings of $1.62 a share, 14 cents a share better than Wall Street projections. Revenue dropped 2.9% year over year, but at $6.42 billion still beat...McDonald's financial secret sauce contains yuan
Want some yuan with that Big Mac? On August 19 McDonald’s (MCD) became the first foreign non-financial company to sell yuan-denominated bonds in Hong Kong. The U.S. company sold 200 million yuan (about $30 million) of 3% notes due in September 2013. Standard Chartered...Sell McDonald's (MCD)
McDonald’s (MCD) has put together an extraordinary 2010—so far. But I’m not as excited about the second half of the year, especially not at current share prices. On Monday August 9 McDonald’s announced that global comparable store sales climbed 7% in July from July...The dollar turns from earnings headwind to tailwind in the fourth quarter
The weak dollar will finally start showing up as a plus in company earnings in the fourth quarter. It’s been one of the puzzles of recent quarters how a falling dollar could hurt earnings at U.S. companies with big overseas sales such as McDonald’s (MCD), PepsiCo...Jim’s Daily Email Alerts:
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