Bulletin: McDonald's Weaker-Than-Expected Sales In August Might Lead To Weaker Profits; No Impact On Credit Ratios Expected - S&P Global Ratings’ Credit Research

Bulletin: McDonald's Weaker-Than-Expected Sales In August Might Lead To Weaker Profits; No Impact On Credit Ratios Expected

Bulletin: McDonald's Weaker-Than-Expected Sales In August Might Lead To Weaker Profits; No Impact On Credit Ratios Expected - S&P Global Ratings’ Credit Research
Bulletin: McDonald's Weaker-Than-Expected Sales In August Might Lead To Weaker Profits; No Impact On Credit Ratios Expected
Published Sep 09, 2014
938 words — Published Sep 09, 2014
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Abstract:

NEW YORK (Standard&Poor's) Sept. 9, 2014--Standard&Poor's Ratings Services believes that McDonald?s Corp.'s decreased global comparable-store sales will likely lead to lower profits than we previously anticipated for the third quarter. A 14.5% decline in Asia/Pacific, Middle East, and Africa highlighted the sales decline, which followed the company's issues with a supplier in China. Furthermore, the 2.8% comparable-store sales decline in the U.S. was also moderately weaker than expected as well and in our view likely indicates that the company lost market share in the month. Nonetheless, we expect the company to maintain credit ratios appropriate for the current rating, and we also believe sales performance will rebound in the coming months. It is likely that leverage

  
Brief Excerpt:

RESEARCH Bulletin: McDonald's Weaker-Than-Expected Sales In August Might Lead To Weaker Profits; No Impact On Credit Ratios Expected Publication date: 09-Sep-2014 Primary Credit Analyst: Charles Pinson-Rose, New York (1) 212-438-4944;...

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Restaurants (25301040)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: McDonald's Weaker-Than-Expected Sales In August Might Lead To Weaker Profits; No Impact On Credit Ratios Expected" Sep 09, 2014. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-McDonald-s-Weaker-Than-Expected-Sales-In-August-Might-Lead-To-Weaker-Profits-No-Impact-On-Credit-Ratios-Expected-1358033>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: McDonald's Weaker-Than-Expected Sales In August Might Lead To Weaker Profits; No Impact On Credit Ratios Expected Sep 09, 2014. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-McDonald-s-Weaker-Than-Expected-Sales-In-August-Might-Lead-To-Weaker-Profits-No-Impact-On-Credit-Ratios-Expected-1358033>
  
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