Reported about 19 hours ago
McDonald's stock climbed 4.5% on Monday, despite falling short of Wall Street's earnings and revenue expectations for Q4. The fast-food giant reported adjusted earnings of $2.83 per share on $6.39 billion in sales, both below analyst forecasts. However, improvements in key areas, particularly in international markets, and management's bullish outlook on profitability and digital initiatives have sparked investor optimism.
Source: YAHOO