McDonald’s, Coca-Cola Revenue Comes Up Short

Business

0  Updated at 8:23 am, July 22nd, 2014 By: ABC Digital
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McDonald’s(NEW YORK) — McDonald’s and Coca-Cola both missed analysts estimates this quarter, with McDonald’s posting a one-percent drop in profits while Coke saw a nearly three-percent decline in revenues.

The fast-food and soda maker stood in contrast with Chipotle, which posted a 25% bump in revenues Monday after the bell. The chain restaurant reported sales up 17 percent from last year.

Domino’s reported an 8.8 percent boost in revenue and 15.6 percent increase in net revenue.


Copyright 2014 ABC News Radio



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