ADVFN - Advanced Financial Network.
HOME» NYSE » M » MCD Stock Price » MCD Stock News

Mcdonalds Share News

 Mcdonalds Corp Stock Price
MCD Stock Price
 Mcdonalds Corp Stock Chart
MCD Stock Chart
 Mcdonalds Corp Stock News
MCD Stock News
 Mcdonalds Corp Company Information
MCD Company Information
 Mcdonalds Corp Stock Trades
MCD Stock Trades

McDonald's April Same-Store Sales Rise Smaller-Than-Expected 3.3%

DOW JONES NEWSWIRES McDonald's Corp.'s (MCD) global same-store sales rose a smaller-than-expected 3.3% in April as the world's largest fast-food chain wrestles with a challenging global economic environment. Last month, the company said it expected global sales at restaurants that have been open at least 13 months to rise about 4%. Meanwhile, analysts were expecting a 4.29% rise, according to Consensus Metrix. McDonald's has been able to boost guest traffic and sales faster than most of its competitors with its increasingly diverse menu--ranging from value-price offerings to higher-margin products like blended-ice drinks--and its growing global operations. But the hamburger chain had warned the global economic climate remains challenging with varying degrees of consumer confidence, economic pressures and inflationary costs. McDonald's said April systemwide sales rose 2.2%, or 5.5% in constant currencies. Same-store sales in the U.S. rose 3.3%, missing the analysts' growth estimate of 5.23%. The company attributed its growth to its recently launched Extra Value Menu, which made the chain an affordable choice for an increasing number of consumers. In Europe, same-store sales grew 3.5%, ahead of analysts' forecast for a 3.17% increase, driven by its major markets: France, the U.K., Germany and Russia. The Asia/Pacific, Middle East and Africa region posted a 1.1% increase, while analysts projected a 2.79% rise. McDonald's said positive results in China and many other markets were partially offset by negative results in Japan. McDonald's last month reported its first-quarter earnings rose 4.8% as sales grew slightly faster than expected, signaling the company continued to prove resilient against broader economic woes. Shares were recently trading 2.6% lower at $93.05 premarket. The stock is down 4.8% since the beginning of the year, through Monday's close. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Mcdonalds (MCD)
DateTimeHeadline
03/24/201717:33:48Statement of Changes in Beneficial Ownership (4)
03/21/201718:44:00Canadiens, tenez-vous prêts! Les sauces à Big Mac, à Filet de...
03/21/201718:41:00Get ready Canada! Big Mac, Filet-O-Fish, and McChicken sauces...
03/16/201718:22:00Twitter Tells McDonald's Its Account Was Compromised -- Update
03/16/201712:06:00Twitter Tells McDonald's Its Account Was Compromised
03/10/201717:58:21Statement of Changes in Beneficial Ownership (4)
03/10/201717:57:28Statement of Changes in Beneficial Ownership (4)
03/10/201717:57:00Statement of Changes in Beneficial Ownership (4)
03/10/201717:56:05Statement of Changes in Beneficial Ownership (4)
03/10/201717:54:10Statement of Changes in Beneficial Ownership (4)
03/10/201717:53:00Statement of Changes in Beneficial Ownership (4)
03/10/201717:52:31Statement of Changes in Beneficial Ownership (4)
03/10/201717:51:35Statement of Changes in Beneficial Ownership (4)
03/10/201717:51:06Statement of Changes in Beneficial Ownership (4)
03/10/201717:50:40Statement of Changes in Beneficial Ownership (4)
03/10/201717:48:41Statement of Changes in Beneficial Ownership (4)
03/10/201717:47:46Statement of Changes in Beneficial Ownership (4)
03/09/201716:26:54Current Report Filing (8-k)
03/08/201715:19:50Statement of Changes in Beneficial Ownership (4)
03/08/201712:15:12Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

Mcdonalds and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US