MCD stock is rising more than 2.3% Tuesday after the world’s largest fast food chain reported first quarter fiscal 2017 earnings results that beat Wall Street estimates on both the top and bottom lines
McDonald’s appears to have found the formula for its long-term sustainable growth.
the Oak Brook, IL.-based company posted net income of $1.24 billion, or $1.47 per share (up 18% year over year) on revenue of $5.67 billion, which beat Thomson Reuters consensus estimates that called for $1.33…