Bamboo
February 11, 2025 at 08:29 AM
McDonald's (MCD) results missed the mark to end 2024 as the fast food chain faced an underperforming stock, lackluster sales, and an E. coli outbreak.
Here's what happened:
- Revenue at the fast food giant for the fourth quarter decreased 0.28% from a year ago to $6.39 billion.
- Earnings per share of $2.80 were also lower than expected.
- US same-store sales were down 1.4% year over year, as an E. coli outbreak offset momentum in late October.
- Global same-store sales for the quarter ended Dec. 31 were up 0.4%
https://finance.yahoo.com/news/mcdonalds-misses-the-target-with-q4-earnings-as-it-looks-to-boost-value-perception-in-2025-120029547.html?guccounter=1&guce_referrer=YW5kcm9pZC1hcHA6Ly9jb20uc2xhY2sv&guce_referrer_sig=AQAAAJ_Zsyuoh-02gYOjNlr1Ae57LooS04FIUYCPifXJ0x7XhUwlNmIZEBNZQEKuqvWFdAyKyR0Qiu6wCbLHCegJKUVosCXxpistjthlBsSBV1n9GdYfN0slEziPBM13IUX2hudNmdXorkuvNw17BGSStKfCk4RkWVv35t13S3tSCRxx
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