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McDonald's Takes a Big Step Forward

TheMotleyFool

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McDonald's Takes a Big Step ForwardPhoto, wide shot, wide-angle lens, Supermarket, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/12c4d93c-5c0e-4e39-8e32-e47404ce9d79.png

Investors were already expecting good news from McDonald's (NYSE: MCD) in its third-quarter earnings report. The fast-food titan issued a rare mid-quarter update last month that revealed that sales growth had returned to positive territory in the core U.S. market after plunging amid COVID-19 disruptions earlier in 2020.

The burger chain's full results added context to that headline sales figure, including in key metrics like customer traffic, promotional spending, and market share.

Let's dive right in.

Source Fool.com

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