Key points McDonald's stock was down slightly on Tuesday after releasing Q3 earnings. The fast food chain beat analysts estimates. It announced that last week's E. Coli outbreak has been contained and was due to onions, not beef. The fast food chain beat third quarter earnings and revenue estimates. McDonald’s has been dealing with the fallout in recent weeks of an E. Coli outbreak in about 10 U.S.
“The $5 meal deal has done just that and continue drawing customers back into our restaurants throughout the quarter, maintaining an average check north of $10 and being profitable for our franchisees.” The overall decline was due to soft numbers in international markets, where comparable sales fell 2.1% in international operated markets, led by declines in France and the U.K. In international developmental licensed markets, sales dropped 3.