Analyst: Franchisees upbeat on sales but concerned about costs
Analysts are expecting McDonald's Corp. to continue its streak of increased earnings and sales when it reports third-quarter results Thursday. They predict the Oak Brook, Ill.-based McDonald's will post robust sales for September, which will come on the heels of the company reaching a record-high share price last week and reporting increases in same-store sales for July and August. While many McDonald’s franchisees also expect a boost in sales growth in the short term, they expressed ...
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Contact: Desiree Torres Desiree.Torres@penton.com