Fast food titan, McDonald's delivered a solid set of results for the second quarter surpassing Wall Street expectations and is poised for a strong year ahead. The company saw its global comparable sales grow by a staggering 40% and around 7% on a two-year basis which is truly exceptional. It has had a particularly remarkable performance in its international operated market segment where its comparable sales were up 75%, or nearly 3% on a two-year basis. The management has focused on drive-thru, ....
21 Sep 2021
McDonald's Corp - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
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McDonald's Corp - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
- Published:
21 Sep 2021 -
Author:
Ishan Majumdar -
Pages:
14
Fast food titan, McDonald's delivered a solid set of results for the second quarter surpassing Wall Street expectations and is poised for a strong year ahead. The company saw its global comparable sales grow by a staggering 40% and around 7% on a two-year basis which is truly exceptional. It has had a particularly remarkable performance in its international operated market segment where its comparable sales were up 75%, or nearly 3% on a two-year basis. The management has focused on drive-thru, ....