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Alexandra Canal July 27, 2021, 1:58 PM McDonald s (MCD) is set to report its second quarter earnings before the opening bell on Wednesday, with analysts predicting a continuation of COVID-19 era takeout trends that helped make the fast food chain an unlikely beneficiary of the pandemic. Although McDonald s smashed Q1 expectations on strong drive-through and digital sales, Wall Street will be eager to see whether the current U.S. labor shortage may pose a threat to its ability to meet demand. Here’s what Wall Street is expecting, as compiled by Bloomberg: Revenue: $5.57 billion estimated Same-store sales: 38.73% estimated For most of last year, the pandemic wreaked havoc on the food and restaurant space as diners remained largely indoors. Yet McDonald s which heavily leaned into drive-throughs and the digital experience that encouraged customer loyalty has been one of the industry s bright spots. Currently, the stock is hovering near record highs.

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