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Dipanjan Banchur

1 Restaurant Stock to Buy and Hold for Decades

MCD Dipanjan BanchurSince McDonald McDonald Corporation

Leading foodservice retailer McDonald's Corporation (MCD) operates and franchises McDonald’s restaurants with nearly 40,000 locations in over 100 countries. The company reported impressive financials in the third quarter ended September 30, 2022.

MCD beat the consensus EPS and revenue estimates in the last reported quarter. Its EPS and revenue were 3.9% and 3% above analyst estimates. Its global comparable sales rose 9.5% year-over-year, while the U.S. comparable sales increased 6.1%.

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