From the August 4th press release following 2nd quarter
$MCD results:
“This quarter McDonald’s delivered positive comparable sales growth across every segment and acted decisively to strengthen execution as we prime McDonald’s for the next era of long-term growth,” said Chris Kempczinski, Chairman and CEO.
The stock is now down 36 points from that day, and 107 points from its February 27th high.
And now today, the company is talking about efficiencies that it will realize in 2030?!?
Got it.