McDonald's Corp lured diners with short-term bacon promotion, value meals a...
- McDonald’s Corp lured diners with short-term bacon promotion, value meals and redesigned restaurants that helped lift its U.S. same-store sales above Wall Street estimates for the first time in four quarters on Tuesday.restaurant is seen in Los Angeles, California, U.S. October 24, 2017. REUTERS/Lucy Nicholson
The company also launched a new “2 for $5” deal, tweaked its breakfast menu to add donut sticks and offered free bacon with some burgers as part of a limited-period promotion during the first quarter. “The trends are definitely improving in the U.S. and that is a big deal,” Edward Jones analyst Brian Yarbrough said.
The company, however, forecast commodity prices to rise 2 percent to 3 percent in 2019, compared with its previous projection of an increase of 1 percent to 2 percent.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Occidental offers to buy Anadarko in $57 billion deal, topping ChevronOil and gas producer Occidental Petroleum Corp sought to scuttle Chevron Corp&0...
Weiterlesen »
Exxon Mobil, Chevron dogged by refining, chemicals troublesExxon Mobil Corp and Chevron Corp on Friday reported lower profits, citing lower...
Weiterlesen »
Parker Hannifin to buy privately held Lord Corp. for $3.68 billion in cashParker Hannifin Corp. announced Monday a deal to buy privately held adhesives, coatings and materials company Lord Corp. for $3.68 billion in cash. Parker said it plans to finance the deal with new debt. The deal, which is expected to close within the next four to six months, is not expected to impact Parker's dividend payout targets. "The combination of Parker and LORD is expected to drive significant value for Parker shareholders and be accretive to organic growth, EBITDA margins, cash flow and EPS, excluding one-time costs and deal related amortization," said Parker Chief Executive Tom Williams. Parker's stock, which is still inactive in premarket trade, has rallied 11.3% over the past 12 months while the S&P 500 has gained 10.1%.
Weiterlesen »
ZTE Corp swings to first-quarter profit of 862.6 million yuanChina's ZTE Corp reported on Monday a first-quarter profit of 862.6 million...
Weiterlesen »
Microsoft tops $1 trillion as it predicts more cloud growthMicrosoft Corp on Wednesday briefly topped $1 trillion in value for the first ti...
Weiterlesen »
SoftBank invests $125 million in Alphabet venture to put cellphone antennas in the skySoftBank invests $125 million in Alphabet venture to put cellphone antennas in the sky by peard33
Weiterlesen »
Comcast first quarter profit beats Wall Street, misses on revenueComcast Corp reported first-quarter profit on Thursday that beat Wall Street est...
Weiterlesen »
SoftBank invests in Alphabet business for cellphone antennas in the skySoftBank invests $125 million in Alphabet venture to put cellphone antennas in the sky via peard33
Weiterlesen »
Panasonic may upgrade Japan plant to make advanced Tesla batteries: sourcePanasonic Corp may upgrade one of its battery plants in Japan to produce advance...
Weiterlesen »
T Mobile, Sprint face new FCC questions on tie-upT-Mobile US Inc and Sprint Corp executives this week urged senior U.S. regulator...
Weiterlesen »
Intel cuts full-year revenue forecast, misses on data-center salesChipmaker Intel Corp cut its full-year revenue forecast on Thursday and missed a...
Weiterlesen »