3 Takeaways From McDonald's Earnings
McDonald's (NYSE: MCD) business is firing on all cylinders again. The fast-food giant this week revealed that growth accelerated in its U.S. market to bring that division back in line with the impressive results the chain has been logging internationally. As a result, global sales gains shot higher, powering even faster earnings gains.
Let's take a closer look at the standout metrics from Mickey D's second-quarter report.
McDonald's 2018 year was a mixed bag, with comparable-store sales in the U.S. growing at less than half the pace of its booming international markets. CEO Steve Easterbrook and his team have been aiming to close that gap, mainly by pouring cash into the business, directed at store remodels and upgrades.
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