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McDonald's sales growth setback from Middle East conflict

Madison Mills
·Host and Reporter

Are McNuggets no longer selling like hotcakes? McDonald's (MCD) stock slipped Tuesday morning after a mixed earnings report — $6.17 billion in revenue against estimates of $6.15 billion, adjusted earnings per share of $2.70 below estimates of $2.72.

Much of McDonald's first-quarter performance has to do with its same-store sale figures — falling below global growth figures from this time last year — heavily attributed to international pressures from geopolitical events and overall rising menu prices.

Catalysts Anchor Madison Mills breaks down how boycotts tied to Middle Eastern conflicts have put a damper on McDonald's sales performance.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Luke Carberry Mogan.