Meattradenewsdaily:
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 concerns about lower check averages from initiatives like the Breakfast Dollar Menu and costs associated with the chain’s plan to remodel hundreds of restaurants, according to a report from Janney Capital Markets
