What You Need To Know Ahead of McDonald's Earnings

Category: Business

McDonald's is set to report earnings, with expectations of slight revenue growth to $6.63 billion but a decline in net income to $2.24 billion. Analysts suggest inflation may pressure earnings, though a focus on value meals could attract customers back. The $5 value meal promotion is likely to extend into August, reflecting positive early indications of customer return. McDonald's shares have decreased by 15% this year.

Keywords: McDonald's, earnings report, value meals

Source: Investopedia

Update At: 7/29/2024

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