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McDonald’s Stock Slips as Same-Store Sales Fall More Than Expected

McDonald's shares slipped in premarket trading Tuesday after it reported higher third-quarter revenue but lower profit than last year, as the fast-food giant's same-store sales fell more than expected. McDonald's shares fell 2% in premarket trading Tuesday after the fast-food giant reported a mixed third-quarter performance. While revenue grew to $6.87 billion, exceeding last year's $6.69 billion…

ByPexecoOctober 29, 20240Comments

Stocks

Siemens Reports 11% Profit Increase in Q3

The German tech giant reported a profit that was 11% higher than that recorded in the same period last year. Siemens announced on Thursday that it had made an industrial profit of €3.3bn during the third quarter of the year, beating a forecast of €2.84bn given by company analysts. The 11% year-on-year jump was boosted…

ByPexecoAugust 10, 20240Comments

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McDonald’s Stock Slips as Same-Store Sales Fall More Than Expected

Siemens Reports 11% Profit Increase in Q3