Better Buy: Starbucks vs. McDonald's
Starbucks (NASDAQ: SBUX) and McDonald's (NYSE: MCD) each had good news for investors in their latest earnings reports. The late October announcement from McDonald's showed strong customer traffic trends as shoppers continued to dine out at fast-food restaurants. Likewise, Starbucks' sales hit a record in the selling period that ended in early October.
With that in mind, let's see which stock looks like the better investment heading toward 2023.
McDonald's wins the growth matchup. Comparable-store sales rose 10% this past quarter, while Starbucks expanded at a 7% rate globally. The burger giant also achieved higher customer traffic in each of its selling geographies. Starbucks, meanwhile, had to rely on increased prices to offset a 1% traffic decline.
Source Fool.com
