McDonald's delivered a solid Q3 performance surpassing Wall Street expectations on all counts which is why its stock price has been surging over the past few weeks. The company's sustained resiliency is demonstrated by its quarterly global comp sales, which increased by 9.5%. Their market-wide quarterly comp sales were hurt by the expiration of the VAT benefits. However, they are still expanding their QSR market share. In the quarter, the chicken was a significant contributor to comp sales growt ....

14 Nov 2022
McDonald's Corporation: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (11/22)

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McDonald's Corporation: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (11/22)
- Published:
14 Nov 2022 -
Author:
Ishan Majumdar -
Pages:
26 -
McDonald's delivered a solid Q3 performance surpassing Wall Street expectations on all counts which is why its stock price has been surging over the past few weeks. The company's sustained resiliency is demonstrated by its quarterly global comp sales, which increased by 9.5%. Their market-wide quarterly comp sales were hurt by the expiration of the VAT benefits. However, they are still expanding their QSR market share. In the quarter, the chicken was a significant contributor to comp sales growt ....