McDonald’s: A Great American McComeback?
- 8 years ago
The Golden Arches are glittering again.
McDonald’s may be the Great American McComeback Story.
The fast food giant will report its fourth quarter sales and earnings on Monday.
And Wall Street actually has fairly high hopes for McDonald’s in what seems like the first time in forever.
Analysts are predicting that the company will build on the momentum that began in the third quarter, when McDonald’s reported same-store sales growth of 0.9%.
That was its first sales increase in two years.
For the fourth quarter, Wall Street expects that same-store sales in the United States rose 2.1%.
And analysts think same-store sales worldwide were up 3.2% McDonald’s has seemingly turned things around under CEO Steve Easterbrook, who took over as the biggest of Big Macs nearly a year ago.
McDonald’s may be the Great American McComeback Story.
The fast food giant will report its fourth quarter sales and earnings on Monday.
And Wall Street actually has fairly high hopes for McDonald’s in what seems like the first time in forever.
Analysts are predicting that the company will build on the momentum that began in the third quarter, when McDonald’s reported same-store sales growth of 0.9%.
That was its first sales increase in two years.
For the fourth quarter, Wall Street expects that same-store sales in the United States rose 2.1%.
And analysts think same-store sales worldwide were up 3.2% McDonald’s has seemingly turned things around under CEO Steve Easterbrook, who took over as the biggest of Big Macs nearly a year ago.