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Fly News Breaks for July 12, 2019
MCD
Jul 12, 2019 | 09:30 EDT
Cleveland Research analyst Steven Gojak said his checks lead him to believe that U.S. comparable store sales growth for McDonald's has improved compared to trend and is likely ahead of consensus expectations. The analyst, who pointed to strong check growth and modest traffic improvement, believes the second half outlook also sounds more positive. He keeps a Neutral rating on McDonald's shares.
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