McDonald‘s (NYSE: MCD) is back.
Like rival Starbucks (NASDAQ: SBUX) did earlier in the week, the fast-food giant on Thursday said it returned to sales gains in early 2021, thanks partly to the comparison with a prior-year period that included some of the biggest impacts of COVID-19 social distancing.
The rebound suggests McDonald’s will enjoy a record year for growth and earnings. But there’s more to this report than just those top-line figures. So let’s look at three standout metrics that you might have missed in the announcement.
1. Surging average spending