McDonald's beats earnings expectations but faces stock drop on weak sales
- Earnings Results: McDonald's $MCD beat earnings expectations with $3.23 per share, but shares fell.
- Decline in comparable sales: Global comparable sales declined by 1,5 %, which increased pressure on the stock.
- E. coli problem: Bacteria epidemic E. coli linked to Quarter Pounder has undermined consumer confidence.
- Bargains: McDonald's $MCD continues to expand the bargains it believes are key to increasing traffic and customer retention.
I'm not that interested in MCD, but I find beverage company stocks interesting, so maybe $MNST or $PEP.
I think it's a great company. I have their stock in my portfolio and I am satisfied.
I used to have their stock, but then I sold it. Neither the performance nor the dividend is attractive enough for me to keep in my portfolio.
The numbers are good, but the price is already high, so today's drop is logical in my opinion.
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Shares of $MCD are still pretty high right now. From an investment perspective, I don't see as much upside potential here
I don't care much about $MCD stock as the performance is not very good and the stock is very overvalued right now.