McDonald’s Corporation (NYSE: MCD) reported third quarter 2023 earnings results today.
Revenues increased 14% to $6.7 billion compared to the same period a year ago. Comparable sales increased 8.8%.
Net income grew 17% to $2.32 billion while EPS rose 18% to $3.17 versus last year. Adjusted EPS increased 19% to $3.19.
Both revenue and earnings beat expectations, sending the stock up over 2% in premarket hours on Monday.
The company declared a 10% increase in its quarterly cash dividend to $1.67 per share.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Discount store chain Dollar General Corporation (NYSE: DG) will be reporting third-quarter results next week. Operating nearly 20,000 stores across the US, it is one of the largest supermarket chains
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 1% on Thursday. The stock has dropped 13% year-to-date. The discount retailer delivered third-quarter 2023 earnings results that did not
The Kroger Co. (NYSE: KR) reported its third quarter 2023 earnings results today. Total company sales were $34 billion compared to $34.2 billion for the same period last year. Identical sales