Revenue meets expectations, but same-store sales disappoint
- McDonald’s stock drops premarket after first profit miss in more than 2 years
- Revenue slightly above forecasts, but same-store sales growth falls short
- First miss of adjusted EPS expectations since Q4 2021
- Total revenue rose 4.6% to $6.17 billion
- Total comparable-store sales rose 1.9%, missing expectations
McDonald’s Corp. reported a profit miss for the latest quarter, causing its stock to drop premarket. While revenue was slightly above forecasts, same-store sales growth fell short. This marks the first miss of adjusted EPS expectations since Q4 2021. Total revenue rose 4.6% to $6.17 billion, but total comparable-store sales only increased by 1.9%, missing expectations.
Factuality Level: 3
Factuality Justification: The article provides factual information about McDonald’s Corp.’s financial performance, including net income, earnings per share, revenue, and comparable-store sales. However, the article lacks depth and context, and it contains some unnecessary details that do not contribute significantly to the main topic. The language used is relatively neutral, but the article could benefit from more analysis and less repetition of information.
Noise Level: 2
Noise Justification: The article provides relevant information about McDonald’s Corp.’s financial performance, including profit, revenue, and same-store sales growth. It also includes quotes from the Chief Executive and mentions factors affecting the company’s stock performance. The article stays on topic and supports its claims with data and examples. However, it lacks in-depth analysis, antifragility considerations, and accountability of powerful people.
Financial Relevance: Yes
Financial Markets Impacted: McDonald’s Corp.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to the financial performance of McDonald’s Corp. and its impact on the company’s shares. There is no mention of an extreme event.
Public Companies: McDonald’s Corp. (MCD)
Key People: Chris Kempczinski (Chief Executive)
Reported publicly:
www.marketwatch.com 
