This morning McDonald’s (MCD) reported earnings that rose 4 percent but fell short of Wall Street expectations. It also said July sales are expected to be relatively flat and warned of a tough year ahead.
For the quarter, the company earned $1.4 billion, or $1.38 per share. That’s up from $1.35 billion, or $1.32 per share, a year ago. Earnings fell short of the $1.40 analysts expected. Revenue rose to $7.08 billion, in line with expectations.
McDonald’s Corp. (MCD).
Travelers Companies Inc. (TRV) is up +17.88% year-to-date.
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