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McDonald's posts strong Q4 earnings, attracts price-sensitive customers with $3 menu, and sees 421% stake increase.
Thurston Springer Miller Herd & Titak Inc. increased its stake in McDonald's by 421% to 5,750 shares, valued at roughly $1.76 million.
McDonald's reported strong Q4 earnings of $3.12 EPS and revenue of $7.01 billion.
To attract price-sensitive customers, the company is launching a simplified menu with items under $3, though analysts warn these moves could compress margins.
Despite recent insider sales, the stock holds a "Hold" rating.
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McDonald's publica fuertes ganancias del cuarto trimestre, atrae a clientes sensibles a los precios con un menú de $ 3 y ve un aumento de participación del 421%.