McDonald’s Stock Rally Nears Record High Amid Strong Q2 Performance
McDonald’s shares are approaching unprecedented levels, surpassing $320, fueled by robust global same-store sales growth and strategic expansion. The company’s Q2 earnings surged by double digits, setting the stage for potential record profits and a push toward $400 per share.
A revitalized loyalty program and operational efficiency have driven customer retention, offsetting earlier declines in U.S. sales. With a dividend hike likely next month, analysts remain bullish on the stock’s valuation and upward trajectory.