Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » U.S. Claps » Food & Beverage 🍕 » McDonalds topples expectations for Q2 earnings 💪 

McDonalds topples expectations for Q2 earnings 💪 

by Omar El Shorafa
July 26, 2022
McDonals, earnings, claps

The Clap
McDonalds has topped analyst’s expectations for earnings in Q2. 

The Deets
McDonalds saw a 10% increase in same store sales, higher than the expected 6.5%. This was credited due to increased prices as well as value items.

Net sales went down by 3% following the exit from the market in Russia and Ukraine. They had gone down to $5.72 billion, less than the expected $5.81 billion. This exit pushed up expenses for McDonalds due to charges they had to pay.

This led to a decrease in net income by 46%, recording $1.19 billion in Q2.

Why does this matter?
McDonalds maintained its share price at $250.50. The lower than expected revenues followed by the higher than expected earnings per share led McDonalds to hold their stock price down.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Claps, Food & Beverage
Food & Beverage 🍕

McDonald’s & Co. could benefit from falling costs 🍟

by Omar El Shorafa
January 31, 2023
Claps, Food, NYSE
Food & Beverage 🍕

Its soup season for Campbell’s 🍲

by Omar El Shorafa
December 8, 2022
Claps, Food & Beverage
Food & Beverage 🍕

Kellogg’s to split 🥣

by Omar El Shorafa
November 29, 2022
Claps, F&B, NYSE
Food & Beverage 🍕

Domino’s going green ♻️

by Omar El Shorafa
November 27, 2022
Claps, Budweiser, Entertainment, World Cup
Entertainment 🎭

Beer ban sounds warning to World Cup sponsors 🍺

by Omar El Shorafa
November 21, 2022
Starbucks Russia, Starbucks, US Russia food & beverage, Food & bev
Food & Beverage 🍕

Starbucks in high demand ☕️

by Omar El Shorafa
November 4, 2022

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)