More on McDonald's (MCD): The company sees "challenging conditions" lead to sluggishness across...

More on McDonald's (MCD): The company sees "challenging conditions" lead to sluggishness across the globe. Global comparable sales up 1.9% Y/Y, with Asia/Pacific, Middle East and Africa sales rising a disappointing 1.4% and U.S. sales on the weak side with a 1.2% pace. Pricing initiatives helped boost Europe which saw 1.8% comparable sales growth off of negative guest traffic. The short-term outlook is painted bleak, with Q4 sales trending "negative." MCD -2.3%. (PR)

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Comments (3)
  • jeanewight
    , contributor
    Comments (344) | Send Message
    Should i sell or hold on?
    19 Oct 2012, 02:22 PM Reply Like
  • Russell59
    , contributor
    Comments (7) | Send Message
    McDonald's is a global powerhouse so the the long term looks fine.
    To drive earnings higher in the short term, I believe MCD needs to
    be creative and offer a dynamic promotion similar to what they did
    with their McCafe coffee drinks. Add to your stock positions in the
    $82 to $85 range. Remember, McDonald's is a dividend aristocrat
    as well.
    19 Oct 2012, 03:34 PM Reply Like
  • jeanewight
    , contributor
    Comments (344) | Send Message
    Thank-you. Yes, the $82 - $85 range sounds right. I'm tired of stocks selling off on a "bad" earnings report; It's like a rushing stampede of irrationality.
    19 Oct 2012, 03:55 PM Reply Like
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