DZ Bank Downgrades McDonald's (MCD) to Hold

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Go back to DZ Bank Downgrades McDonald's (MCD) to Hold

McDonald's Reports Second Quarter 2019 Results

July 26, 2019 7:58 AM EDT

CHICAGO, July 26, 2019 /PRNewswire/ -- McDonald's Corporation today announced results for the second quarter ended June 30, 2019.

"With the strong results we achieved in the second quarter, we have now experienced 16 consecutive quarters of positive global comparable sales," said McDonald's President and Chief Executive Officer Steve Easterbrook. "By putting our customers at the centre of all our efforts to run great restaurants, enhance the customer experience and provide delicious menu offerings, we will continue to successfully execute our Velocity Growth Plan."

Second quarter highlights:

Global comparable sales increased 6.5%, reflecting strong comparable sales... More