McDonald's (MCD) Q2 Earnings and Revenues Lag Estimates

McDonald's Corporation (MCD) reported second-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. The top and bottom lines decreased on a year-over-year basis.Chairman and CEO Chris Kempczinski expressed strong belief in the company's "Accelerating the Arches" strategy, emphasizing its suitability for the business. Kempczinski noted that as consumers become more selective with their spending, the company remains dedicated to consistently delivering dependable value. Additio ...