McDonald's Got an Immediate Return From Its Marketing Push
A sales update in October meant that investors already had some key information about McDonald's (NYSE: MCD) third-quarter operating trends. The fast-food giant couldn't wait to reveal that it had returned to sales growth in the core U.S. market and was close to positive territory on a global basis.
But its official Q3 results released earlier this week added important context to that revenue figure and gave investors new details about McDonald's 2020 outlook. CFO Kevin Ozan talked about those issues in a conference call with Wall Street analysts.
Let's look at some of the highlights from that presentation.
Source Fool.com
