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McDonald's: slight growth in sales in the third quarter and decline in the stock market

American fast food giant McDonald's is down on the stock market. Closes at -1,66%. The reason? The sales of the shops that have been open for at least a year have recorded only a slight increase, going against the trend with respect to the expected estimates.

McDonald's: slight growth in sales in the third quarter and decline in the stock market

After the release of quarterly data, McDonald's closed in the red on the American stock market, -1,66%. Same-store sales, i.e. those in stores that have been open for at least a year, were disappointing, growing slightly less than market estimates (+0,9%), while profits and revenues rose more than analysts' expectations (a profit net increase of 5% to 1,52 billion and revenues up 2% to 7,32 billion dollars).

A look on a weekly basis shows an easing of the growth curve of McDonald's compared to the strength expressed by the Dow Jones Industrial. This retreat could make the title subject to sales by operators.

The medium-term situation of the fast food giant remains on the bear side. But an improvement towards 94,6 is expected.

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