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TwitterFast food giant and world’s biggest restaurant company, Mc Donald’s, today posted a 2.6% rise in the global same store sales in January. Perhaps taking a cue from the CVS Q4 results that came out yesterday, Mc Donald’s too, as a pleasant surprise, beat analysts’ expectations. Global sales were predicted to rise 2 percent, the average of estimates from analysts at Barclays Capital, Jefferies & Co. and Robert W. Baird. U.S. sales were projected to be unchanged.
Posts Tagged ‘Wall Street Analysts’
McDonald’s global sales rise 2.6% in January
Posted by Amita Kalra on February 9th, 2010
Posted in Africa, Asia Pacific, Europe, North America, South America 
Tags: breakfast menu, global sales, mc donalds, North America, Wall Street Analysts 
No Comments »CVS Posts 11% Growth In Q4 Profit
Posted by Amita Kalra on February 8th, 2010
CVS Caremark Corp., one of US’ biggest drugstore operators, and the largest distributor of prescription drugs in the country today announced it fourth quarter results. Much to the surprise of Wall Street analysts, it posted an 11 percent hike in profit, as shares gained 2.7% in early morning trading. Net income rose to $1.05 billion, or 74 cents a share, from $949 million, or 65 cents, a year earlier. Sales gained 7 percent to $25.8 billion said the official statement. Wall Street analysts expected the pharmacy giant to earn 77 cents a share on revenue of $26.3 billion.
Posted in North America Tags: CVS Caremark, North America, Q4 results, Wall Street Analysts 1 Comment »