NYSE:MCDHospitality
McDonalds Strong Q4 And Viral Push Confront Rich Valuation Concerns
McDonald's (NYSE:MCD) reported exceptional Q4 results with global comparable sales up 5.7% and the fastest US sales growth in over two years.
The company highlighted strong traction from a value-focused strategy, digital loyalty growth, and upcoming nationwide menu changes in beverages and chicken.
A limited time McNugget Caviar Valentine's Day promotion sold out, drawing viral attention and reinforcing McDonald's recent marketing push.
Management also outlined plans to accelerate new store...