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This Stock Has Monster Momentum -- Is It a Buy?

TheMotleyFool

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This Stock Has Monster Momentum -- Is It a Buy?: https://g.foolcdn.com/editorial/images/692214/people-eating-burgers-and-fries-2.jpg

McDonald's (NYSE: MCD) reported fiscal 2022 second-quarter earnings before markets opened on July 26. Comparable store sales, which exclude the impact of store openings and closings, jumped by 9.7%.

The company adjusted well during the pandemic, emphasizing the digital channel and building a loyalty program. Still, it wasn't all good news for McDonald's, which decided to sell its business in Russia because of the invasion of Ukraine. Further, rising costs are biting into restaurant operating margins, necessitating price increases to offset inflation.

Let's see what investors should make of the latest results at the Golden Arches.

Source Fool.com

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