You probably grab a McDonald's meal now and then, but have you ever thought about how its business model adapts to global challenges? You might be surprised by the specific strategies this fast-food giant uses to keep its billions of customers happy and its stock strong.
McDonald's stock (MCD) is trending because its recent earnings report showed impressive growth, defying broader economic concerns.
The company announced Q1 2024 global comparable sales rose 1.9%, with U.S. comparable sales up 2.5%.