McDonald’s (MCD) Q3 2020 earnings

first_imgShares of the company, which has a market value of $167 billion, have risen 9% so far this year.This is breaking news. Please check back for updates. – Advertisement – But international markets’ are taking longer to bounce back after being hit harder by pandemic restrictions, dragging down McDonald’s total same-store sales. The company reported global same-store sales declines of 2.2% for the quarter.And international markets will likely continue to weigh on McDonald’s business. England, Germany and France, some of the company’s largest markets, are re-imposing lockdowns as Covid-19 cases and deaths soar in those countries.Following the announcement of its third-quarter results, McDonald’s is scheduled to hold a virtual investor meeting.- Advertisement – McDonalds restaurant in Londons Oxford Street. Restaurants are only allowed to open for takeaway orders during the Englands second lockdown.Dave Rushen | LightRocket | Getty Imagescenter_img McDonald’s is expected to report its third-quarter earnings on Monday before the bell.Here’s what Wall Street is expecting, based on a survey of analysts by Refinitiv:Earnings per share: $1.90 expectedRevenue: $5.4 billion expectedIn October, the fast-food giant said its U.S. same-store sales turned positive, rising 4.6% in the third quarter. A promotion with rapper Travis Scott helped boost sales in September, fueling the chain’s highest monthly same-store sales growth in nearly a decade.- Advertisement – – Advertisement –last_img read more

NRL star’s family home sparks tense bidding war

first_imgThe home at 48 Seventh Avenue, Kedron.“It was a great spot to grow up with the park at the end of the street where we could kick the footy around,” Shillington said.Ray White Wilston principal Alistair Macmillan said the highset house was in good condition and very liveable, but lent itself well to a full-scale renovation.Shillington played 215 NRL games for the Roosters, Canberra Raiders and Titans as well as 14 Tests, eight Origin games for Queensland, four matches for the Prime Minister’s XIII and two NRL All Stars appearances.Other big sales in the area recently include a five-bedroom character home at 60 Robe St, Grange, which fetched more than $1.6 million and a six-bedroom house at 56 Brook St, Windsor, which sold for $1.85 million. The home at 48 Seventh Ave, Kedron.THE original family home that retired NRL star David Shillington grew up in has sold at auction for $950,000.Eleven registered bidders competed for the 1920s Queenslander on two lots at 48 Seventh Avenue, Kedron, which eventually sold to a Brisbane local who plans to renovate and resell the property.The former Gold Coast Titans forward, who retired from rugby league earlier this year due to chronic injuries, has fond memories of his childhood home.The 33-year-old remembers having to share a bedroom with his three brothers when his parents first bought the two-bedroom property.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019When the boys grew older, his parents raised the house and built underneath.last_img read more

Clive Palmer snaps up beachfront RSL prize home pre-auction

first_img The Hamptons-style stunner at 1088 Killymoon Dr, Hope Island sold for $2.51 million.A renovated house on a dry block in Mermaid Waters sold for $1.39 million within six days while a Hamptons-style home in Hope Island was snapped up for $2.51 million within a week of being launched. On Monday, a 1960s beach cottage at 265 Jefferson Lane sold for $3.125 million — 24 hours after being listed for sale. More from news02:37International architect Desmond Brooks selling luxury beach villa7 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoA jacuzzi off the bedroom adds a fun touch of luxury.The investment adds to Mr Palmer’s impressive residential property portfolio which includes a $12 million beachfront home at Mermaid Beach and a $7.5 million riverfront residence in Fig Tree Pocket, Brisbane. The purchase comes amid a string of speedy sales across the Gold Coast this week as a shortage of sales listings creates strong competition among buyers. MORE: Secret buyer of mega mansion revealed The open plan design makes the most of the beachfront location.The sale went through at the start of the month, before the property could go under the hammer.The stunning four-bedroom house features light timbers, a cool colour palette and a spacious open plan design which capitalises on the ocean vista. A private jacuzzi deck adds a touch of luxury off the bedroom while the rooftop terrace is kitted out with a barbecue, kitchenette and powder room. Most-viewed Hamptons house snapped up for $2.51m The enclosed rooftop terrace is a comfortable space in all weather. The RSL prize property at 165 Jefferson Lane, Palm Beach.Queensland billionaire Clive Palmer has pocketed a $200,000 discount snapping up a beachfront RSL prize home off one of last year’s winners.Mr Palmer secured the Palm Beach mansion at 165 Jefferson Lane for $3.9 million, prior to the scheduled auction.The owner of the RSL Art Union prize home draw 369 had won it on October 9 last year when it had an estimated value of $4.1m.last_img read more