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McDonald's holds up: first quarter on the rise

Company beats analysts' expectations: global sales up 12.6%

McDonald's beat Wall Street's expectations for global quarterly sales and earnings. The performance did not save the stock, which still lost 1.6% even as the strong numbers were achieved, yes, thanks to the increase in customers of all income brackets in all markets, in defiance of the threat of recession, but mostly thanks to the increase in burger and fries prices. Turning to the bottom line, overall...

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EFA News - European Food Agency
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