McDonald’s Q3 Earnings: Snack Wrap Comeback Drives Sales — Is Stock Primed to Soar?
McDonald’s reported $7.08 billion in Q3 revenue, up 3% year-over-year, with net income at $2.28 billion. Global same-store sales rose 3.6%, topping forecasts, while U.S. comps climbed 2.4%. The Snack Wrap’s July return drove a 15% one-day traffic surge. Adjusted EPS was $3.22, missing the $3.33 analyst estimate.