Will McDonald’s Post a Return to Traffic Growth on Tuesday?
Investors haven't been sure what to make of McDonald's (NYSE: MCD) in 2019, and that confusion shows up in returns that have swung between modest losses and slight gains for the stock compared with the S&P 500. On the bright side, the fast-food titan is enjoying accelerating global growth and rising profitability. But competition in the core U.S. market is creating a knock-down, drag-out fight for share, especially as consumers shift demand toward home delivery.
With that bigger picture in mind, let's look at the trends that investors will be watching when Mickey D's posts third-quarter results on Tuesday, Oct. 22.
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Source Fool.com