McDonalds 3Q Profit Falls 30% on U.S. Sales Slump

The transcript discusses McDonald's third quarter financial results, highlighting a decline in net income and revenue compared to the previous year. It provides a regional sales analysis, noting significant declines in Europe and the Asia Pacific region. The transcript also addresses challenges such as meat scandals affecting McDonald's reputation, particularly in Asia. Analysts suggest that McDonald's can recover by adjusting its marketing strategy. The company is also revising its fourth quarter guidance due to ongoing issues.

What was McDonald's third quarter EPS on an adjusted basis?

• $1.50 per share

• $1.07 per share

• $1.36 per share

• $1.51 per share

How did McDonald's sales in Europe perform in the third quarter?

• Increased by 1.4%

• Increased by 2%

• Remained stable

• Decreased by 1.4%

What was the estimated decline in sales for the Asia Pacific region?

• Close to 5%

• Close to 15%

• Close to 11%

• Close to 10%

What issue has significantly impacted McDonald's reputation in the Asia Pacific region?

• Expired meat scandal

• High pricing

• Poor customer service

• Lack of new menu items

What strategy did analysts suggest to help McDonald's recover from recent challenges?

• Change marketing campaigns

• Expand into new markets

• Increase menu prices

• Reduce store numbers