McDonald's (MCD) Shares Skyrocket, What You Need To Know
- Posted on February 10, 2025
- By Yahoo News
- 2 Views
McDonald's (MCD) Shares Skyrocket, What You Need To Know
Shares of fast-food chain McDonald’s (NYSE:MCD) jumped 5.1% in the morning session after the company recorded strong fourth-quarter results that exceeded analysts' same-store sales expectations. A key takeaway is that McDonald's is seeing strong loyalty program engagement, with systemwide sales to loyalty members reaching approximately $8 billion in the quarter, a 30% increase year/year. Strength in international markets helped offset a slight decline in U.S. sales growth, and management anticip