McDonald’s posts better-than-expected third-quarter comparable sales

Investing.com - McDonald's has posted better-than-expected growth in third-quarter comparable sales, as the burger giant pursues a value push aimed to entice lower-income customers reining in restaurant spending. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Group-wide comparable sales increased by 1.5% during the period, outpacing Bloomberg consensus estimates. The pace of growth a year earlier was 3.6%. Sales in the U.S., McDonald's largest market, declined by 0.2%, although the drop was shallower than expectations for a fall of 0.47%. Last year, the figure ticked up by 2.4%.