McDonald's Slips on Weak Q4 as US Sales Decline, Varonis Rises on $100M Buyback, Alexander’s Faces Profit Drop Amid Prior Real Estate Gains.
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BearlishShortTermMCDEarnings
McDonald's Q4 Results Come Up Short as US Comparable Sales Decline
- MCD's Q4 EPS was $2.83, missing expectations of $2.87.
- U.S. comparable sales declined 1.4%, worse than analysts' forecasts.
- Global sales rose 0.4% despite U.S. setbacks related to E. coli.
- Rising prices led to reduced consumer spending on fast food.
- MCD is implementing value-centric deals to regain customers.
GlobeNewsWire
BullishShortTermVRNSShares Buyback
Varonis Announces $100 Million Share Repurchase Authorization
- Varonis authorized a $100 million share repurchase program.
- Share repurchases may stabilize or increase stock price over the next year.
- The program allows purchases based on market conditions and liquidity.
- Forward-looking statements highlight various risks for Varonis' performance.
- Risks include cybersecurity threats and competitive market dynamics.
GlobeNewsWire
BearishShortTermALXEarnings
Alexander's Announces Fourth Quarter Financial Results
- ALX reported Q4 2024 net income of $12.3 million, down from $16.3 million.
- FFO for Q4 2024 decreased to $20.8 million from $25.6 million in Q4 2023.
- Year-end net income for 2024 was $43.4 million, a significant drop from $102.4 million.
- 2023's net income included a $54 million gain from real estate sales.
- Revenues increased slightly to $226.4 million, reflecting stabilized property performance.
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