McDonald's Earnings: Is a Return to Growth on Tap?
Investors have some good reasons to follow McDonald's (NYSE: MCD) earnings report on Tuesday, July 28. The fast-food titan's fiscal second quarter runs from early April through late June, which means it syncs up almost exactly with the worst impact to date from the coronavirus pandemic. But while that unusual operating situation will ensure significant drops in customer traffic and earnings, CEO Chris Kempczinski should make positive comments on growth trends over the past few weeks.
McDonald's might even reveal a quick return to sales gains in a few markets, thanks in part to its booming drive-through and delivery businesses.
Let's take a closer look at the metrics to watch.
Source Fool.com