McDonald's Q2 comparable sales grew just 1.3%

Earnings
โดย The Motley Fool·US·Read original
Summary · why it matters

McDonald's reported comparable sales growth of only 1.3% in its latest quarter, with U.S. comparable sales up just 0.8%. Total sales rose 5% year over year, but the modest organic growth came despite the April launch of a new under $3 value menu. The stock yields 2.7%, more than double the S&P 500 average of 1.1%, and may appeal to income investors, though its annual revenue of $26.9 billion grew less than 4% last year and the stock has risen only 16% over the past five years compared with a 75% gain for the S&P 500.

Impact on stocks 1

Consumer Discretionary · 1 stocks
McDonald’s Corporation
MCD
▼ NegativeDemandrelevance

Comparable sales growth of only 1.3% and U.S. comps up just 0.8% indicate weak end-customer demand despite value menu launch.