McDonald’s Earnings Are Monday. Inflation’s Impact Will Be in Focus. — Barrons.com
By Evie Liu When McDonald’s reports earnings Monday morning, investors will examine whether inflation continues to weigh on the frequency of customer visits and how much they spend at the fast-food chain. For the three months ended in December, analysts polled by FactSet expect McDonald’s to post $6.4 billion in revenue, up 8.8% from the year-ago period. Much of that growth would likely come from international markets as the company opens up more locations. Same-store sales are expected to increase 4.7% in the fourth quarter from a year ago, a more moderate pace compared with previous quarters as inflation eased toward the end of 2023. Analysts expect net income to come in at $2 billion for the period, which translates to earnings of $2.83 per share. That would be 8.3% higher than a year ago. There will likely be more growth going forward. In December, McDonald’s announced ambitious plans to […]
McDonald’s Earnings Are Monday. Inflation’s Impact Will Be in Focus. — Barrons.com Read Post »