Fly News Breaks for October 11, 2019
Oct 11, 2019 | 09:38 EDT
Cleveland Research said its checks indicate that U.S. comps for McDonald's look mixed for Q3, but are likely still ahead of consensus expectations. Good early quarter momentum appears to have been offset by slower August and September trends, the firm stated. Cleveland Research lowered its Q3 U.S. comp growth estimate for McDonald's to up 5.6% from up 6% to reflect the "mixed" September checks.
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