McDonald’s Restaurant in Omaha, Nebraska, on October 23, 2024.
Mario Tama Gety pictures
McDonald’s on monday I mentioned The disappointing quarterly revenue, which has retreating from sales weaker than expected in its American restaurants after the outbreak of E. Coli just weeks after this quarter.
The shares of the company decreased less than 1 % in the pre -market trade.
Here is what the company informed compared to what Wall Street expected, based on a survey of analysts by LSEG:
- Persons per share: $ 2.83 amended, and meet expectations
- Revenue: 6.39 billion dollars for $ 6.44 billion expected
The fast food giant told the net income of the fourth quarter of $ 2.02 billion, or $ 2.80 per share, a decrease of $ 2.04 billion, or $ 2.80 per share, a year ago.
With the exception of the gains associated with selling its business in South Korea, the costs of transactions to buy its Israeli concession and other elements, McDonald’s received $ 2.83 per share.
The net sales of approximately $ 6.39 billion were flat compared to the previous period of the year.
The growth of the overall store sales of the 0.4 % company outperformed Wall Street’s expectations of 1 % decrease in store sales, according to Street Street estimates.
But the American American company McDonald reported a sharp decrease in its sales in the same store. The store’s sales in local restaurants of the company decreased by 1.4 % in the quarter; Wall Street expected the store’s sales of 0.6 %.
McDonald’s said that traffic was a little positive, but the customers spent less than usual during the quarter. During the summer, the series launched a 5 -dollar editing and narration meal to re -consciously return the prices and reflect slow sales. The strategy succeeded, as McDonald sales in the United States helped in the third quarter. However, analysts warned that value meals do not work unless customers also add the menu elements that are not deducted to their requests.
The largest strike of US McDonald’s sales came in late October, when it linked the centers of diseases and prevention of the outbreak of E. Coli to a quarter of the Bergers. McDonald’s replaced the suppliers of the rampant onions, the element that was commenting as the potential perpetrator of the disease. In early December, the Disease Control Center announced that the disease outbreaks had officially ended.
However, in the days that followed the news of the outbreak of traffic to the US McDonald’s restaurants, they fell sharply, especially in the affected states.
Outside the United States, sales were stronger. McDonald’s international departments have reported sales growth in the same store, which strengthened the company’s general performance.
The company’s licensed international markets sector, which includes the Middle East and Japan, has reached the growth of the stores itself by 4.1 %.
McDonald’s International Markets Department, which includes some of its largest markets, has reported 0.1 % sales of the store itself. The company said that most of the markets reported the growth of sales in the same store, but the United Kingdom and some other markets witnessed the sales of the same stores in the quarter.
