Diamonds and Dogs
7/29/24
McDonalds (MCD) is the diamond up 4%, lifting the Dow, on earnings. The earnings were not great, missing by 10 cents as revenues fell 0.1% to $6.49 billion. Global comparable sales decreased 1.0%, reflecting negative comparable sales across all segments:U.S. decreased 0.7%. International Operated Markets segment decreased 1.1%. International Developmental Licensed Markets segment decreased 1.3%Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.