McDonald's Corp

MCD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$217.00	Vhjp	Mcbmgymgl

McDonald's Earnings: Raising Our FVE on Resilient Consumer and Development Runway; Shares Expensive

Sean Dunlop

Apr 25, 2023

We plan to raise our fair value estimate for wide-moat McDonald's by a high-single-digit percentage due to resilient comparable store sales and a near-term uptick in unit growth, but shares continue to look expensive even relative to our revised valuation.

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