The McDonald’s (MCD) logo is seen in Los Angeles, California.
Lucy Nicholson | Reuters
McDonald’s It is expected to report your first quarter earlings before Thursday’s bell.
This is what Wall Street analysts surveyed by LSE expect the company to report:
- Gains per share: $ 2.66 expected
- Income: $ 6.09 billion expected
The fast food giant, often considered consumption, has seen rock sales in the last quarters, particularly in its local market.
Analysts expect the second consecutive quarter of the decrease in sales of the same US store. For McDonald’s, as an E. coli outbreak in October and the most cautious consumer weighs on demand.
In February, CFO Ian Borden said that he expected the first quarter to be the low point for the sales of the same McDonald store, partly due to a weak start in the year in the United States since then, the commercial conflicts promoted by the rates of President Donald Trump have caused concerns about a recession and a feeling of consumers, which could more sales of McDonald Las Sales de McDonald.
For his part, McDonald’s has already said that he plans to bow at the value meals and the buzzing of the burst, such as the return of his Snack Wraps, to bring the diners to their restaurants this year.
McDonald’s shares have risen 15% this year, raising their market value to almost $ 26 billion.
This story is developing. Consult the updates again.
