Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Global same-store sales: 5.9% vs. 5.6% expected
In September, the last month of the quarter, the fast-food giant introduced a line of spicy barbecue chicken products, but the company did not refer to the menu addition as a significant reason for sales growth in its home market. The company said U.S. same-store sales grew by 4.8% during the quarter, falling short of Wall Street's estimates of 5.2%. Notably, traffic to U.S. locations continued to decline.
Burger King has also been stealing some spotlight from McDonald's with the nationwide launch of its plant-based Impossible Whopper. In September, McDonald's announced plans to test a burger made with a Beyond Meat patty in select restaurants in Ontario, Canada.
The big Mac recession gauge.
Quit messing with new off the wall stuff. Stick what got you here.
.McDonalds This is karma for not bringing the McRib to Colorado. I could have single handedly saved those earnings. mcribgate McRibSZN McRib
dustinmai65 fitzerr30 not enough McMuffs
I wonder if people have more money to eat in better restaurants
🎵 Duh duh duh duh duh I'm shorting it. 🎵
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