McDonald’s Q3 Earnings: Snack Wrap Comeback Drives Sales — Is Stock Primed to Soar?
Robust Sales Amid Value Push McDonald’s third-quarter report topped sales forecasts, thanks largely to customer spending per visit. U.S. sales growth (2.4%) exceeded last year’s 0.3%, as diners took advantage of limited-time deals newsmax.com newsmax.com. International markets also turned in strong comps (e.g. Japan +4.7%, Germany +4.3%) newsmax.com. The company’s global systemwide sales reached over $36 billion (an 8% increase, or 6% in constant currency) prnewswire.com, reflecting both price and volume gains in company-owned and franchised restaurants. Despite the solid top-line, earnings per share slightly lagged expectations. Consolidated revenue of $7.078B grew 3% from a year ago prnewswire.com, and net