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McDonald's Rebound Gains Steam

TheMotleyFool 
0 0 27.10.17
McDonald's Rebound Gains SteamPhoto, wide shot, wide-angle lens, Hotel, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d14bb504-852b-4d13-a69a-8cec9d4eb799.png
 
McDonald's Rebound Gains Steam

McDonald's (NYSE: MCD) has found a way to turn fast food into even faster profits. The burger chain announced third-quarter earnings this week that included a 55% earnings spike as its growth rebound gained momentum.

Let's dig into the results.

Sales growth took a step back from the prior quarter. But that's not much of a knock against the business, considering Mickey D's in late July announced its best comparable-store sales gain in over five years. This week's 6% comps growth was just slightly below that quarter's 6.6% jump.

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Source: Fool.com

McDonalds Corp. Stock

€235.60
-0.080%
With only a change of -€0.200 (-0.080%) the McDonalds Corp. price is nearly unchanged from yesterday.
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
As a result the target price of 307 € shows a positive potential of 30.31% compared to the current price of 235.6 € for McDonalds Corp..
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