McDonald’s Global Sales Soar Past Estimates as Budget-Friendly Deals Drive Demand

Affordable bundles, limited-time offers, and nostalgic promotions fuel foot traffic and boost Q2 earnings by 7% to $2.29 billion, outpacing quick-service rivals. McDonald’s has once again proven the power of value in a tight economy. The global fast-food giant reported second-quarter results that outpaced Wall Street expectations, as cost-conscious consumers flocked to its restaurants for affordable meal options, exclusive promotions, and menu innovations. Global same-store sales rose 3.8% in the quarter, surpassing the 2.4% growth forecast by analysts polled by LSEG. Shares of McDonald’s climbed 2.3% in early trading on the back of the strong report. The company’s adjusted net … Continue reading McDonald’s Global Sales Soar Past Estimates as Budget-Friendly Deals Drive Demand