traded as much as 3.3% lower on Tuesday after the company posted third-quarter profit and revenue that fell short of analyst estimates. $5.43 billion, compared to $5.48 billion expected by analysts$1.61 billion, versus $1.69 billion forecasted by analysts
While international sales rose, McDonalds struggled to grow its business in the US. Domestic same-store sales climbed 4.8%, slowing significantly from last quarter's 5.7% growth.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market investing: US versus global equities trend set to reverse - Business InsiderMORGAN STANLEY: US stocks are poised to end their worldly dominance for the first time since the financial crisis. Here’s the best way to profit from that shift. soooooo..... r we winning yet? 🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook deletes fake accounts from Iran, Russia ahead of US election - Business InsiderFacebook CEO Mark Zuckerberg said the social media platform is prepared to fight interference in the 2020 election, but the task is never-ending. ooooh -'dozens' - look out!
Source: BusinessInsider - 🏆 729. / 51 Read more »
US neobank Chime suffers major outage - Business InsiderUS neobank Chime was hit by an outage on Wednesday that lasted more than 24 hours, leaving customers unable to make withdrawals or deposits. I bank with Ally and love it!💃💰
Source: BusinessInsider - 🏆 729. / 51 Read more »
Harley-Davidson profit falls 24% on weak U.S. demand - Business InsiderHarley-Davidson topped Wall Street expectations despite falling profits — and the stock is surging
Source: BusinessInsider - 🏆 729. / 51 Read more »
15 mind-blowing facts about Halloween candy consumption in the US - Business InsiderEach Halloween season, millions of Americans flock to supermarkets and convenience stores to buy candy for trick-or-treaters.
Source: BusinessInsider - 🏆 729. / 51 Read more »