McDonald’s July same-store sales up 7%
Shares of McDonald’s a component of the Dow Jones Industrial Average, rose 1.6% to $72.87 after hitting their all-time high. They’ve gained 17% this year, outpacing the Dow’s 2.5% gain.
McDonald’s has performed well during much of the economic downturn, as consumers have traded down from more expensive restaurant fare, analysts said.
MCD stock hitting an all-time high is this a better ‘consumer indicator’ to pay attention to?