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McDonald’s Q2 Preview: World Cup, New $3 Menu, Higher Gas Prices – Which Theme Wins Out?

Reviewed by ClearTape · Source: Benzinga

Key takeaways

McDonald's Q2 results will be a key indicator of the company's ability to navigate the challenges of higher gas prices and maintain its revenue growth.
$7.13 billion
$6.84 billion
$3.32

What happened

McDonald's is set to report its Q2 financial results on Tuesday, with analysts expecting revenue of $7.13 billion and earnings per share of $3.32.

Why it matters

The report comes as McDonald's faces concerns about the impact of higher gas prices on its financials, and the company's recent performance has been mixed, with visits down 4.5% in the second quarter.

Short-term and longer-term

Short-term. McDonald's Q2 results will be a key indicator of the company's ability to navigate the challenges of higher gas prices and maintain its revenue growth.

Longer-term. McDonald's Q2 results will be a key indicator of the company's ability to navigate the challenges of higher gas prices and maintain its revenue growth.

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