格隆汇11月6日｜花旗：将高通(QCOM.US)目标价从175美元上调至180美元。将麦当劳(MCD.US)目标 价从375美元下调至371美元。 ...

2000s kids can be thanked in part for strong third-quarter sales at McDonald’s, where the recent relaunch of chicken Snack Wraps was a cluckin’ success. McD’s said 20% of customers added a $2.99 Snack Wrap to their order in the product’s first month back on sale, exceeding expectations. As nostalgic millennials nom’d on the new-again menu item, the fast food giant’s same-store sales climbed 3.6%, rebounding from a 1.5% fall this time last year. Despite the restaurant’s earnings missing analysts’ expectati ...

Core Insights - McDonald's reported a net income of $2.27 billion for Q3 2025, a 1% increase from $2.25 billion in Q3 2024, with earnings per diluted share rising to $3.18 from $3.13 [1] - Revenues for the quarter increased by 3% to $7.08 billion, compared to $6.87 billion in the same quarter of the previous year [1] - Global comparable sales grew by 3.6%, with positive performance across all operating segments [1] Financial Performance - Operating income increased by 5% to $3.36 billion from $3.19 billion [1] - Systemwide sales grew by 8% for the quarter, or 6% in constant currencies [3] - Consolidated operating income also increased by 5%, or 3% in constant currencies [3] Segment Performance - The US segment was 95% franchised, with comparable sales rising by 2.4% [3] - International Operated Markets segment was 89% franchised, with comparable sales increasing by 4.3% [3] - International Developmental Licensed Markets segment was 99% franchised, with comparable sales growing by 4.7% [3] Strategic Initiatives - The company plans to open 2,200 restaurants globally in 2025, including 600 in the US and International Operated Markets [5] - Capital expenditures for 2025 are forecasted between $3 billion and $3.2 billion, primarily for new unit growth [5] - Net restaurant additions are expected to be close to 1,800 in 2025 [6] Management Commentary - CEO Chris Kempczinski emphasized the company's ability to deliver sustainable growth despite challenges, highlighting the importance of value, menu innovation, and marketing [4] - The company anticipates that net restaurant unit growth will contribute slightly above 2% to systemwide sales growth on a constant-currency basis [4] - Selling, general and administrative expenses are projected at 2.2% of systemwide sales for the year, with an operating margin expected between 40% and 50% [5]

Core Insights - Amgen Inc. reported third-quarter adjusted earnings of $5.64 per share, exceeding the Zacks Consensus Estimate of $5.00 per share, leading to a 7.8% increase in its shares [1] - Exelixis Inc. posted third-quarter adjusted earnings of $0.78 per share, surpassing the Zacks Consensus Estimate of $0.68 per share, resulting in a 6.5% surge in its shares [1] - Lumentum Holdings Inc. reported third-quarter adjusted earnings of $1.10 per share, exceeding the Zacks Consensus Estimate of $1.03 per share, causing its shares to jump by 23.6% [1] - McDonald's Corp. achieved third-quarter revenues of $7,078 million, beating the Zacks Consensus Estimate of $7,067.39 million, which led to a 2.2% rise in its shares [1]

Market Overview - U.S. stocks experienced a positive session, with the Dow Jones index increasing by approximately 226 points to close at 47,311.00, while the S&P 500 and Nasdaq Composite gained 0.37% and 0.65%, respectively [4] - The CNN Money Fear and Greed index showed a slight easing in fear levels, currently at 24.1, remaining in the "Extreme Fear" zone, up from a previous reading of 21.5 [6][7] Employment Data - The ADP National Employment Report indicated that private employers added 42,000 jobs in October, rebounding from a loss of 32,000 jobs in September and surpassing economists' expectations of a 25,000 job gain [2] Corporate Earnings - Eli Lilly and Co. continued its post-earnings rally for the fifth consecutive session, with shares reaching their highest levels since September 2024 [3] - McDonald's Corp. reported weaker-than-expected earnings for the third quarter [3] - Investors are anticipating earnings results from Cummins Inc., Airbnb Inc., and ConocoPhillips [5] Sector Performance - Most sectors within the S&P 500 closed positively, with communication services, consumer discretionary, and materials stocks showing the largest gains [4] - In contrast, consumer staples and information technology sectors closed lower, bucking the overall market trend [4]

Group 1 - The discussion centers around the importance of trusting the market and recognizing buying opportunities during downturns, emphasizing that discipline in growth investing is crucial for long-term success [4][19][28] - The performance of major indices such as the Dow, S&P, and NASDAQ indicates a rebound after a previous disappointing session, highlighting the volatility and potential for recovery in the market [3] - The interview with Larry Culp, CEO of GE Aerospace, showcases his leadership in revitalizing General Electric, indicating the significance of strong executive management in navigating corporate challenges [2][29] Group 2 - The analysis of specific stocks like Shopify and McDonald's illustrates the need to look beyond market sentiment and focus on company fundamentals, suggesting that perceived downturns may present buying opportunities [12][15][17] - Concerns about the concentration of economic growth in AI and semiconductor stocks raise questions about market stability and valuation, with a focus on the performance metrics of companies like Meta, Google, and Nvidia [21][22][24] - The commentary on M&A activity in the healthcare sector highlights the strategic moves of pharmaceutical companies and the challenges faced by biotech firms, indicating a dynamic landscape for investment opportunities [26][27]

三季度，麦当劳全球同店销售增长3.6%略超预期，其中，美国市场同店销售增长2.4%。公司在8月份降低了某些套餐的价格，推出"买一送一"的促销活 动，涵盖香肠饼干和双层芝士汉堡等产品。 麦当劳三季度营收和调整后每股收益均未达到市场预期，但全球同店销售增长超出市场预期，这表明公司通过推出" 超值套餐" 吸引谨慎消费者的努力 正在取得成效。 周三公布的最新财报显示： 麦当劳第三季度营收为70.8亿美元，同比增长3%，但略低于市场预期的71亿美元； 三季度调整后净利润为23.1亿美元，较去年同期的23.2亿美元小幅下降； BTIG分析师Peter Saleh指出，7月份推出的2.99美元小食卷带动需求激增，但8月和9月增长势头有所放缓。9月份，公司重新推出了超值套餐，并开始 与加盟商合作，将全国套餐折扣从目前的10%-11%统一提高至15%。 麦当劳国际市场同样表现出色。国际市场销售增长4.3%，德国和澳大利亚成为主要增长动力。其中，由当地合作伙伴经营的餐厅业务销售额跃升 4.7%，主要由日本市场推动。 然而，客流量数据显示挑战依然存在。据客流追踪公司Placer.ai数据，7月至9月期间麦当劳整体客流量同比下降3. ...

CNBC's Jim Cramer offered advice on how to deal with declines, using Tuesday's down session as an example. He encouraged investors to use widespread losses as a buying opportunity, pointing out that the indexes managed to rebound on Wednesday."If you trust the market, if you don't believe that one stock controls the entire tape, if you don't take counsel of your fears and you do take counsel of your opportunities," he said. "A day like yesterday can be the way you finally get a chance to start wading in — n ...

We know that McDonald's has been trying to position themselves as one of the value choices in this economy as things get a little bit harder for people trying to buy lunch. Honestly, what did you make of these reports. Because it seems like the Street welcoming them with open arms.Yeah. Thank you so much for having me on today. I think we were pleased by the print this morning.Honestly, it's been a really difficult environment for consumer companies reporting earnings and in restaurants in particular. And r ...

Core Insights - McDonald's Corp. reported stronger-than-expected global sales growth in Q3, driven by cost-conscious consumers seeking value offerings amid economic uncertainty [1] - Global comparable sales increased by 3.6%, slightly above the Street estimate of 3.59% [1] - U.S. same-store sales rose by 2.4%, a significant improvement from 0.3% a year ago, surpassing expectations of 2.14% [1] Sales and Promotions - Fast-food chains, including McDonald's, have focused on low-priced meal deals to address weaker demand for dining out [2] - McDonald's introduced promotions such as a $5 menu and a "buy one, add one for $1" offer to attract lower-income consumers, who form a significant part of its customer base [2] Financial Performance - Operating income grew by 5.3% year over year to $3.36 billion, despite a $39 million pre-tax restructuring charge impacting results [3] - Earnings per share were reported at $3.18, while revenue increased by 3% to $7.08 billion, indicating steady demand and operational efficiency gains across major markets [3]