McDonald's (MCD) Adult Happy Meal Success & 3Q Earnings

The adult Happy Meal really resonated with consumers and it's reminiscent of the success that McDonald's had in the past buy taking products they already have in the stores and repackaging them, says Jim Sanderson. He discusses McDonald's (MCD) earnings which were released today, October 27th, premarket. He talks about how 3Q revenue from the company-operated restaurants came in at $2.12B. He then compares MCD to Chipotle (CMG), Restaurant Brands (QSR), and WingStop (WING). He also notes that Northcoast Research has a buy rating for WING. Tune in to find out more about the stock market today.

Morning Trade Live

27 Oct 2022

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