Monday April 5, 2021, 16:58:00
With this report, we increase our Q1E U.S. same-store sales forecast for McDonald’s by +190 basis points, to +12.2%. According to Consensus Metrix data, this becomes the new “high on the sell-side forecast.” Sell-side consensus is presently at +9.7%.
Tuesday March 16, 2021, 16:49:00
In this report we examine the bull and bear cases regarding McDonald’s (MCD; Buy, $220.46). While we maintain our Buy rating on MCD — it continues to be our top large-cap restaurant-stock pick — it is good for investors interested in MCD to be aware of the bull and bear cases surrounding the stock, no matter what our rating on the shares is.
Thursday January 28, 2021, 16:14:00
Earlier today, McDonald’s reported $1.70 in adjusted Q4 EPS, lower than our $1.72 forecast and sell-side consensus (according to Consensus Metrix) of $1.77. Fourth-quarter Company-Operated Restaurant Expenses/Sales by CompanyOperated Restaurants came in at 85.2%, worse than our 82.8% estimate.
Thursday October 10, 2024
Thursday October 10, 2024