McDonald's is about to report earnings. Here's what to expect

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Share of McDonald’s have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.

Wall Street analysts surveyed by LSEG expect earnings per share of $3.20 and revenue of $6.82 billion.📺 Los Angeles news 24/7: Watch NBC4 free wherever you areThe earnings report comes a week after the Centers for Disease Control and Prevention issued an advisory notice that warned about a deadlyto McDonald's Quarter Pounder burgers. After temporarily pulling the menu item from roughly a fifth of its U.S.

Health authorities have cleared the chain's fresh beef patties as the source of the outbreak, and the investigation has zeroed in on the slivered onions that are included in the menu item. As of Friday, 75 health cases have beenMcDonald's sales had been lagging even before the outbreak. For the company's third quarter, analysts are expecting the company to report same-store sales declines of 0.6%, dragged lower by weak international demand, according to StreetAccount estimates.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines