Nike revenue misses estimates: What it will take to spur sales Thu, Jun 27, 2024, 10:48 PM GMT+2 0 In this article: Video Transcript Advertisement Up next McDonald's needs consistency in v...
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Acquire Media Monitor
However, revenue of $12.61 billion fell short of the $12.86 billion estimate. Morningstar senior equity analyst David Swartz thinks it was the revenue miss that sent shares lower in after-hours trading. The company reported slightly better-than-expected revenue numbers in China. Swartz thinks "the China numbers are still pretty low compared to what Nike should be doing and can do in China," adding that its sales recovery in the country is likely taking longer than many had hoped. On what could cause Nike to reignite sales growth, Swartz thinks new products will help, but that the impact likely won't be felt until late into fiscal 2025. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich. But we want to break down these results that are crossing the wire again, beating estimates on earnings per share of revenue coming in light of estimates. And here to dive a l
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MCD
News
- All the deals McDonald's, Burger King, Chili's, Wendy's, Starbucks, and other fast-food companies are offering to win back customers [Yahoo! Finance]Yahoo! Finance
- This McDonald's Burger Is Being Taken Off The Menu—Here's Why [Yahoo! Finance]Yahoo! Finance
- Trump, Biden spar over inflation at presidential debate [FOX Business Network]FOX Business Network
- Taco Bell launches $7 ‘Luxe Cravings Box' [Yahoo! Finance]Yahoo! Finance
- This catalyst is needed for the market broaden out Thu, Jun 27, 2024, 10:43 PM GMT+2 0 Video Transcript Advertisement Up next McDonald's needs consistency in value meal messaging: Analyst Thu, Jun 27, 2024, 10:33 PM GMT+2 0 Video Transcript AdvertisementAcquire Media Monitor
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 6/21/24 - Form 4
- 6/21/24 - Form 144
- 6/11/24 - Form 11-K
- MCD's page on the SEC website