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McDonald’s customers still ‘lovin it’ despite price hikes

Por: Fox Business Business April 25, 2023

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Barron's markets reporter Jacob Sonenshine discusses what inflation sticking at five percent means for Fed rate hikes on 'Varney & Co.' customers remain loyal even as inflation forced the to raise menu prices. McDonald’s reported $2.63 a share on sales of $5.9 billion over the first quarter, beating Wall Street’s expected earnings of $2.33 a share on revenue of $5.59 billion.Looking ahead, the burger chain said it expects... + full article



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