McDonald’s Earnings Report Disappoints Investors, Presents Buying Opportunity
McDonald’s recent earnings report took a little shine off its stock—and created an opportunity for investors looking to buy shares in the Golden Arches. Long-term, McDonald’s has been a winner. Its shares have returned 15% annualized over the past decade, including reinvested dividends, outpacing the S&P 500’s 13%, and it’s done it with far less volatility. That trajectory was interrupted this week, when the fast-food giant’s fourth-quarter earnings beat expectations but its sales narrowly missed. The stock dropped 3.7%.
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