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McDonald’s earnings fall short, hurt by European lockdowns, but sees this year’s sales topping 2019

January 28, 2021


McDonald’s on Thursday reported that U.S. same-store sales jumped 5.5% in its latest quarter, but the coronavirus pandemic is still adding costs and slowing recovery in many of its international markets.

As the fast-food giant enters 2021, it’s projecting that systemwide sales will rebound to surpass 2019 comparisons.

Shares of the company rose less than 1% in morning trading.

Here’s what the company reported for the quarter ended Dec. 31 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

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