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Fly News Breaks for February 25, 2020
MCD
Feb 25, 2020 | 09:44 EDT
Cleveland Research analyst Steven Gojak said his industry checks suggest traction on breakfast initiatives, value offerings, and favorable weather are supporting strong U.S. comparable store sales growth for McDonald's in the first two months of the quarter. Following his checks, he raised his Q1 US comp growth estimate to 5.5% from 4.5% and keeps a Neutral rating on McDonald's shares.
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