Retail

McDonald’s (MCD) Q2 2021 earnings beat estimates

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McDonald’s reported on Wednesday that the chain’s Crispy Chicken Sandwich helped U.S. same-store sales outpace 2019 levels by double digits.

U.S. same-store sales climbed 25.9% in the quarter and 14.9% on a two-year basis. The company credited strong sales of its new chicken sandwich, which launched in February, and its “famous orders” promotion with K-pop group BTS, which includes an order of McNuggets and special sauces.

A chicken sandwich from McDonald’s is shown on May 06, 2021 in Chicago, Illinois.

Scott Olson | Getty Images

Shares of the company fell 1.7% in premarket trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by…



Source cnbc.com

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