McDonald’s flexes 4Q expectations beat, surging same-store sales growth
The fast food titan beat expectations across the board
Company
NYSE:MCD
McDonald's Corp is the world’s leading global foodservice retailer with over 40,000 locations in over 100 countries. Approximately 95% of McDonald’s restaurants worldwide are owned and operated by independent local business owners.
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The fast food titan beat expectations across the board
Company policy forbids managers from having romantic relationships with more junior members of staff
McDonald's is facing fierce pressure from Burger King and KFC, which have introduced plant-derived burgers
Hardware & electrical equipment
The consumer data security provider is aiming to grow revenue and reduce spending in the coming year.
The fast food chain’s same-restaurant sales in North America fell 0.2% in the quarter
Burger King, McDonald’s, Chipotle, Wendy’s and other chains are celebrating the spooky season with freebies and promotions
Snap, the parent of the social media messaging app Snapchat, is also being punished for a lacklustre earnings report, before the opening bell
Also in pre-market deals, Pivotal Software Inc takes a nose-dive and McDonalds Corp shares are unmoved
Exec David Marcus will step down from the exchange's board to focus on Facebook's blockchain technology
The fast food giant's US same-store sales growth slowed in its second quarter
Also in focus in pre-market trade is AT&T Inc, Time Warner and PNC Financial Services Group Inc
Small cap indices the Russell 200 and the S&P 600 are both down slightly this afternoon
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All major U.S. indices were down by Monday's closing bell, dragged lower by telecom stocks
McDonald’s expanded value offering is getting more people through the door but the higher-ticket items such as its new Big Mac range are the main drivers for sales growth
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A slew of merger news to keep the market busy today ....
Top executive says switch to fresh beef quarter-pound burgers "is the most significant change to our system and restaurant operations since All Day Breakfast"
Investments and investor services
IPG Photonics is to replace Scripps Networks Interactive in the S&P 500,
“We believe $1 $2 $3 menu's positioning as a variety play protected franchisee profitability but lacked the 'hero' item necessary to resonate with value-conscious consumers”
Get the statins out! "We served more customers more often," boasted McDonald's chief executive officer, Steve Easterbrook
Proactive takes a loom at what's moving the needle in pre-marlket deals in New York