McDonald's can't keep up with its all-day-breakfast launch (MCD)
McDonald's reported fourth quarter earnings on Monday, beating expectations across the board.
Adjusted earnings per share for the quarter came in at $1.44, slightly higher than analysts' expectations of $1.41 per share. Additionally, revenue was just head of expectations of expectations at $6.03 billion against projections of $6.00 billion.
Sales crushed expectations with a 2.7% gain year-over-year for same-store sales, much higher than the expectations of 1.4% growth.
Sales
Read more »