Company News: McDonald's (MCD) missed expectation and reported about developing a turnaround plan

Market news

22 April 2015

Company News: McDonald's (MCD) missed expectation and reported about developing a turnaround plan

Company reports Q1 earnings of $1.01 per share versus $1.06 consensus. Revenues fell 11.1% year/year to $5.96 bln versus $5.97 bln consensus.

Company reported about developing a turnaround plan to improve performance and deliver enduring profitable growth. Initial details of this plan will be published on May 4.

MCD rose to $97.00 (+2.25%) on the premarket.

Government debt in the Eurozone reached 91.9% of GDP in 2014

Company News: Coca-Cola (KO) reported revenue growth for the first time in 9 quarters

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