- McDonald's (MCD +1.8%) CFO Kevin Ozan confirmed the company is considering selling a portion of its 50% stake in McDonald's Japan during today's earnings call.
- Management also highlighted the broad underlying strength it saw in Q4 before F/X took its cut, as well as the benefit realized in the U.S. from milder weather. McDonald's will remain in a cautious mode until a few more quarters of positive comps confirm a turnaround has been achieved.
- New areas of focus from the chain will be speed of service and building out the potential for the mobile app.
- McDonald's earnings call webcast
- Previously: McDonald's beats by $0.08, beats on revenue (Jan. 25 2016)
- Previously: McDonald's turns positive comp in all segments (Jan. 25 2016)
- Previously: The restaurant sector digests McDonald's earnings (Jan. 25 2016)
McDonald's not jumping ahead of itself after strong Q4
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| Symbol | Last Price | % Chg |
|---|---|---|
| MCD | - | - |
| McDonald's Corporation | ||