McDonald’s reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

McDonald’s reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

McDonald’s on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations as its U.S. restaurants reversed last quarter’s same-store sales decline. However, investors are worried about another dent to U.S. sales fueled by a recent E. coli outbreak across 13 states linked to McDonald’s Quarter Pounder burgers. As of Friday, 75 health cases have been…

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Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations

Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations

Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT — Ford Motor guided to the low end of its previously announced 2024 earnings forecast as it slightly topped Wall Street’s third-quarter expectations. The Detroit automaker said Monday it now…

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