McDonald's Earnings: Growth Is Back

McDonald's Earnings: Growth Is Back

Investors had good reasons to feel optimistic about McDonald's (NYSE: MCD) fiscal second-quarter earnings release. McDonald's made up that lost ground -- and more -- in the three months that ended in late June, putting it in a stronger position now than it was back in 2019. Comparable-store sales rose 41% to mark a complete rebound from last year's 24% slump.