Earnings

The company reported earnings of $1.1 billion, or $1.13 per share, down from $1.4 billion, or $1.40 per share, a year ago. Excluding special items, earnings were $1.26 per share, which matched analysts’ estimates.

Revenue
Sales totaled $6.57 billion, down from $7.09 billion, last year. Analysts expected to see revenue of $6.7 billion.

After numerous earnings misses, Wall Street’s expectations for MCD have fallen. Looking forward, the company may run into issues as it revamps its menu. Many of its customers are attracted to its low cost items and could turn away if prices and items are changed.

Although the company’s share price has been dipping, it does offer a dividend yield of 3.7%, which may be ideal for income-focused investors.

Investors interested in MCD may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The funds listed above allow investors to gain exposure to MCD while remaining diversified. Investors interested in MCD may also be interested in Burger King Worldwide (BKW) and Yum! Brands (YUM).