Markets
Santa Claus tours Valparaiso Bay by boat
A fisherman dressed as Santa Claus waves to people from a small-scale fishing boat on Christmas Eve (Lucas Aguayo Araos/Getty Images)

A festive meal based on a mean, green, hairy creature fueled McDonald’s biggest day of sales on record

“Am I eating this just because I’m bored?”

Luke Kawa

A green, hairy creature with a heart three sizes too small is a big reason McDonald’s sales in Q4 were so large.

The Grinch may have been unsuccessful in stealing Christmas, but during the holiday quarter, the Grinch Meal helped “set new sales records, including the highest single sales day in our history,” according to Chief Financial Officer Ian Borden.

“Overall, for the entire campaign, we sold nearly as many Grinch meals as our highly successful 2025 Minecraft movie meal and 2024 Collector Cups promotions combined,” he added.

For the final three months of the year, the chain’s same-store sales growth of 5.7% exceeded the consensus estimate of 3.9%, with revenues also beating expectations.

The meal featured a drink, a choice of main entree (Big Mac or 10-piece McNuggets), and special fries seasoned with dill-flavored Grinch Salt.

Oh, and you also got socks, too — with McDonald’s selling enough to cover all the toes in California, and then some, in just a matter of days.

“With the inclusion of Grinch-themed collectible socks in many markets, we were the largest seller of socks in the world for nearly a week,” Chief Executive Officer Chris Kempczinski said. “We sold about 50 million pairs globally across the first few days of the campaign.”

More Markets

See all Markets
markets

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

markets

Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

  • Revenue of $11.0 billion (estimate: $10.8 billion).

  • Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.