Business
McDonald’s misses Q4 earnings expectations, but sales boosted by menu, mobile – Yahoo Finance
McDonald’s is out with its fourth quarter earnings results.
McDonalds (MCD) on Thursday posted a fourth quarter profit that fell short of Wall Street expectations, but the fast food giant got a sales boost from the COVID-19 trends of menu innovation, takeout and mobile ordering.
Heres what the Chicago-based fast-food restaurant posted, compared to Wall Streets expectations, according to a Bloomberg consensus estimate:
- Revenue: $5.31 billion versus $5.37 billion expected
- Adj. earnings per share (EPS): $1.70 versus $1.77 per share expected
- U.S. same-store…
