Waiting for the open, ideally below yesterday's close to allow for a bullish gap fill. With the solid Q3 report, I’ll aim to hold the position throughout the entire day.
Update during the trade. First tp 298
Update during the trade. First tp 298
Заметка
Financial Performance: McDonald's reported a net income of $2.26 billion ($3.13 per share), which is down from $2.32 billion ($3.17 per share) last year. Adjusted earnings were $3.23 per share, slightly exceeding analyst expectations. Revenue rose by 3% to $6.87 billion, surpassing forecasts.Sales Trends: Comparable sales decreased by 1.5%, missing the expected 0.6% decline, but U.S. comparable sales increased by 0.3%. CEO Chris Kempczinski noted a slowdown in quick-service restaurant traffic, especially among lower-income consumers, but highlighted improvements in market share and menu innovation.
E. coli Situation: The report addressed a recent E. coli outbreak linked to slivered onions, stating it did not affect Q3 results. McDonald's has ceased sourcing onions from the implicated supplier and plans to resume selling quarter-pounders shortly.
Market Reaction: Following the earnings announcement, McDonald's stock rose by 0.1%.
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.