Last Week Today -- a lot of mostly good news
Rapid fire consumer earnings and news
McDonald’s 2023 global same store sales (SSS) grew 9% YOY.. and it notes that sales are up 30% since 2019. Global SSS were up 3.4% in 4Q. US grew 4.4%, offset by a modest 0.7% in its “International Developmental Licensed Markets” — blaming Middle East violence. Operating Income and EPS were up 14% ex one-timers. The stock dropped a bit. Curiously, it pl…
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