McDonald's (MCD) Misses Q2 EPS by 2c; Comps Up 1%; Rest of FY13 Will be 'Challenged'
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McDonald's (MCD) Sees Larger FX Impact in FY13; Margins Pressured on Food Inflation
July 22, 2013 11:33 AM EDTThe following are a few key points from McDonald's (NYSE: MCD) quarterly conference call:Foreign exchange now expected to cost 7 to 9 cents of EPS in FY13, versus prior expectations of a 1 to 2 cent impact
CapEx cut by $100 million to $3.1 billion... More
McDonald's (MCD) Q2 Sinks Bullish Thesis
July 22, 2013 10:18 AM EDTOn Monday McDonald's Corp. (NYSE: MCD) reported Q2 EPS of $1.38, $0.02 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $7.08 billion versus the consensus estimate of $7.1 billion, and June comps came in at 0.9% vs 1.45 expected. Unsurprisingly, shares traded lower.
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