McDonald’s Stock Rises After Earnings Beat After It Adds New Menu Items - Barron's
1. MCD's Q2 EPS was $3.19, beating expectations of $3.14. 2. Inflation has pressured budget-constrained consumers, impacting sales. 3. Shares increased 3.9% to $310.28 in premarket trading after earnings report. 4. Analysts predict a 5% upside to a price target of $328. 5. New menu items and value deals aim to drive customer engagement.