HALISTER: McDonald’s 3Q Comps Beat as All Day Breakfast Helps U.S. Sales

McDonald’s 3Q Comps Beat as All Day Breakfast Helps U.S. Sales

(Bloomberg) -- Global comparable sales rose 3.5%, analysts projected 1.5% increase on average, according to Consensus Metrix. Domestically, comparable sales gained 1.3% versus the estimated 1.2% increase, with co. citing continued contributions from All Day Breakfast and McPick 2 despite softening industry growth.
  • 3Q EPS $1.50
  • 3Q rev. $6.42b, est. $6.28b
  • 3Q comparable sales +3.5%, est. +1.5% (Consensus Metrix, average of 27)
    • 3Q U.S. comp sales +1.30%, est. +1.20%
    • 3Q International lead market comp. sales +3.3%, est. +1.8%
    • 3Q Foundational and Corp. comp. sales +10.1%, est. +2.40%
  • MCDONALD’S 3Q HIGH-GROWTH MARKET COMP SALES +1.50%, EST. +0.50%
Statement NOTE:
  • 16 buys, 19 holds, 2 sells before today
  • Call 11am (NY time), 844-353-1873 pw McDonalds
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
MCD US (McDonald's Corp)

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Stephen Easterbrook (McDonald's Corp)

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