McDonald's reports boom in digital sales in Q3 earnings beat

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

McDonald's (MCD) released its third-quarter earnings, beating estimates with an 11% increase in global system-wide sales while global same-store sales jumped...

) released its third-quarter earnings, beating estimates with an 11% increase in global system-wide sales while global same-store sales jumped by 8.8%. Despite current economic headwinds and higher menu prices, the fast food chain saw solid sales domestically in the U.S.

In the restaurant industry, stability is critical.So when David Ferguson noticed an unexpected $200 charge on his credit card bill from the tech company he uses to help manage his business, he figured it was an accounting mistake.Ferguson is the chef and owner at Gus, a small restaurant in Montreal's Petite-Patrie neighbourhood.He started using Lightspeed, a publicly traded Canadian point-of-sale supplier, about four years ago.

Undervalued TSX stocks such as TFI International are trading at a steep discount to consensus price target estimates. The post 2 Top Canadian Value Stocks in November 2023 appeared first on The Motley Fool Canada.Going completely cash-only for a period of time has become a popular spending reset trend. But does only using physical currency truly curb impulsive purchasing and increase financial mindfulness? Or...

 

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

 /  🏆 47. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McDonald's earnings top Q3 estimates, sees global sales jumpFast food giant McDonald's (MCD) topped third-quarter earnings estimates and saw same-store sales rise by 8.8% globally. Furthermore, global systemwide sales...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »