Fast good giant McDonald’s Corporation (MCD) released its November sales data before the opening bell on Monday. For the fifth month in a row, the company reported lower comps.
Inside MCD's Results
The company reported a 2.2% decline in comparable store sales for November. On average, analysts expected to see a 1.7% decline in sales.
MCD saw a 4.6% drop In U.S. sales, a 2% decline in Europe and a 4% dip in Asia/Pacific, Middle East and Africa.
Mutual Funds to Watch
For investors seeking exposure to McDonald’s, but prefer to diversify risk, a mutual fund with exposure to MCD may be a good alternative. Below are three mutual funds with the highest exposure to MCD.
|VTSMX||Vanguard Total Stock Index Fund||1.67%|
|VFINX||Vanguard 500 Index||1.06%|
|VDIGX||Vanguard Dividend Growth||0.53%|
The Bottom Line
The funds above allow investors to gain exposure to a wide range of holdings and industries. Investors interested in MCD may also be interested in other restaurant companies like Burger King (BKW), Wendy’s (WEN) and Dunkin’ Brands (DNKN).