While earnings topped expectations, sales were under some pressure and revenue fell short. Meanwhile, the company reaffirmed its forecast for 2014.» Read More
Dec 9- McDonald's Corp reported weaker-than-expected global sales at established restaurants for November, hurt by a sharp drop in comparable-store sales in the United States. The company said high competition and relatively weak customer traffic hurt sales in the United States, its second biggest market after Europe.
McDonald's reported weaker-than-expected global sales at established restaurants, hurt by a drop in comparable-store sales in the United States.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan.
Nov 8- McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan and remained weak in the United States. In Europe, sales rose 0.8 percent as more customers ate at its restaurants in the UK, France and Russia.
What the heck is happening with Wendy’s? Results beat expectations yet the stock tanked?
Shares of Wendy's, the second-largest U.S. hamburger chain, plunged after the fast food chain reported lower-than-expected quarterly revenue.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday.
Nov 7- Wendy's Co, the second-largest U.S. hamburger chain, reported lower-than-expected quarterly revenue, sending its shares down 9 percent in premarket trading. The company's third-quarter revenue rose about 1 percent to $640.8 million but missed the average analyst estimate of $643.4 million, according to Thomson Reuters I/B/E/S.
Some of the names on the move ahead of the open.
Twitter will debut on Thursday in a market that's been showing clear signs of wear and has some investors burrowing further into defensive names.
Bulls could keep the upper hand in the coming week, even with increasing warning signs that the market could be getting bubbly.
Burger King says it's attracting more customers with its new lower-calorie "Satisfries," but is not ready to call the fries a major success yet.
Oct 28- Burger King Worldwide Inc, known for its Whopper hamburgers, on Monday said it plans to introduce fewer seasonal and limited-time menu items in a bid to help restaurant operators improve profits and speed up service.
Oct 28- Burger King Worldwide Inc reported a better-than-expected third-quarter profit as it slashed costs by franchising more outlets and sales grew outside North America.
Oct 21- McDonald's Corp dogged by lackluster economic growth and intense competition, warned on Monday that global sales at established restaurants would be relatively flat for October and signaled that weakness would continue in the fourth quarter.
*Asia/Pacific, Middle East and Africa business weak. Comparable sales in its Asia/Pacific, Middle East and Africa business declined a steeper-than-expected 1.4 percent. The company is fighting to accelerate sales in the United States after smaller rivals such as Wendy's Co and Burger King Worldwide Inc rolled out new menu items and limited-time offers.
McDonald's reported quarterly revenue that missed analysts' estimates and warned that global comparable sales for October are expected to be flat.
Check out which companies are making headlines after the bell Tuesday:
Yum Brands, parent company of KFC, reported quarterly earnings and revenue that missed analysts' expectations on Tuesday.