Consolidated revenues for the quarter were nearly $6.5 billion, an increase over prior year of about 1% in constant currenciesSystemwide sales* to loyalty members across 50 loyalty markets were over $26 billion for the trailing twelve-month period and approximately $7 billion for the quarterCHICAGO, July 29, 2024 /PRNewswire/ -- McDonald's Corporation today announced results for the second quarter ended June 30, 2024."We are confident that Accelerating the Arches is the right playbook for our business and a ...

McDonald's Corporation MCD will release its second-quarter financial results, before the opening bell on Monday, July 29.Analysts expect quarterly earnings at $3.07 per share. That's down from $3.17 per share in the year-ago period. McDonald's expects to post revenue of $6.61 billion, compared to $6.27 billion a year earlier, according to data from Benzinga Pro.McDonald's just declared a quarterly cash dividend of $1.67 per share of common stock payable on Sept. 17 to shareholders of record on Sept. 3.McDon ...

Subway started phasing out its $5 footlong sandwiches a decade ago. But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have cut back their spending.As many restaurant companies prepare to report their second-quarter results, investors are expecting to hear that diners are visiting their locations less frequently and that sales have turned sluggish, with few exceptions such as Chipotle. In the hopes of lifting their results for next quarter, chains such a ...

People are ordering from machines at a McDonald's in Hong Kong, on July 22, 2024. (Photo by Vernon ... [+] Yuen/NurPhoto via Getty Images)NurPhoto via Getty ImagesMcDonald’s stock (NYSE: MCD), a restaurant chain consisting of more than 40,000 mostly franchised stores, is scheduled to report its fiscal second-quarter results on Monday, July 29. We expect MCD stock to likely trade higher with both revenues and earnings beating expectations marginally in Q2 results. MCD stock has declined from around $297 to $ ...

McDonald’s Corporation MCD just declared a quarterly cash dividend of $1.67 per share of common stock payable on Sept. 17 to shareholders of record on Sept. 3.With the recent buzz around the Chicago fast food chain, some investors may be eyeing potential gains from the company's dividends, too. As of now, McDonald’s offers an annual dividend yield of 2.66%. That’s a quarterly dividend amount of $1.67 per share ($6.68 a year).So, how can investors exploit its dividend yield to pocket a regular $500 monthly?T ...

Analyst Estimates for Q2 2024Q1 2024Q2 2023Revenue$6.63 billion$6.17 billion$6.5 billionDiluted EPS$3.10$2.66$3.15Net Income$2.24 billion$1.93 billion$2.31 billion Key Metric: Comparable Store Sales Comparable-store sales have slowed in recent quarters for McDonald's from double-digit increases last year. Executives have noted the impact inflation has had on many customers. In the second quarter of 2023, McDonald's reported 11.7% comparable sales growth globally, and just over 10% in the U.S. Baird analy ...

In its upcoming report, McDonald's (MCD) is predicted by Wall Street analysts to post quarterly earnings of $3.08 per share, reflecting a decline of 2.8% compared to the same period last year. Revenues are forecasted to be $6.65 billion, representing a year-over-year increase of 2.4%.The consensus EPS estimate for the quarter has undergone a downward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial es ...

McDonald's Corporation (MCD) is slated to release second-quarter 2024 results on Jul 29, before the opening bell.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 0.4%. However, the company’s top and the bottom line increased 5% and 2% year over year, respectively.MCD surpassed earnings estimate in three out of the trailing four quarters. The average surprise over this period is 6.4%, as shown in the chart below.Image Source: Zacks Investment ResearchTrend in Estima ...

Once in a while, even the more bullish analysts tracking the popular company get less enthusiastic about it.McDonald's (MCD -0.27%) is a popular stock that frequently wins praise from market professionals. The downside of this is that, at times, when even a slight dip in that esteem happens, it can put a damper on the fast-food king's shares. This happened on Hump Day with an analyst's price target cut.The result of this was that McDonald's stock took a slight (0.3%) hit to its share price across the tradin ...

Blue-chip fast food name McDonald's Corp (NYSE:MCD) is preparing to enter the earnings confessional, with second-quarter results due out before the open on Monday, July 29. The company's results come after a deluge of disappointing Big Tech earnings, and MCD has a history of mixed post-earnings reactions.Specifically, four of eight next-day sessions were higher, but shares fell 3.7% and 0.2% after the company's last two quarterly reports. The equity averaged a 1.8% swing in the last eight quarters, regardle ...