Price Increases Help McDonald’s (MCD) Deliver Impressive Sales Growth of 11%
McDonald’s (MCD) posted 24% profit growth and 14% revenue growth as same store sales increased a solid 9% last quarter.
McDonald’s (MCD) posted 24% profit growth and 14% revenue growth as same store sales increased a solid 9% last quarter.
Sherwin-Williams (SHW) is having sluggish sales growth (just 1% last qtr) as DIYers are under economic pressure in North America.
High inflation & credit card debt are hurting consumers, which is maing them hold-off on big ticket items at Teactor Supply (TSCO).
Waste Management’s (WM) profit growth continues to be slow, but moderating inflation could deliver double-digit growth in 2024.
Microsoft (MSFT) delivered an excellent earnings report as profits (+27%) and revenue (+13) both exceeded analyst estimates.
Alphabet’s (GOOGL) biggest segment, Google Search, showed investors the ad market is good. But Google’s Cloud business slowed.
Visa (V) management stated business ticket up from July to September, which should put the question about a recession to rest.
Pool Corp (POOL) continues to deliver negative year-over-year growth due to very strong spending on pools in the past years.
American Express (AXP) stock has been weak due to risks of higher write-offs ahead. Meanwhile, growth continues to be impressive.
Johnson & Johnson’s (JNJ) stock slumps to a one-year low of as investors are concerned about litigation from lawsuits.
Lockheed Martin (LMT) jumped 9% after the Israel-Hamas War broke out as countries are expected to spwnd more on defense.
UnitedHealth (UNH) delivered a healthy qtr as profit grew 13% while sales grew 14%, helping the stock to keep its upward momentum.