McDonald's (MCD) Tops Q3 EPS by 32c; U.S. Comps Rose 4.6%
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EPS Growth %: +3.4%
Financial Fact:
Revenues from franchised restaurants: 2.45B
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CP, RUSHA, SEIC, More
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McDonald's (NYSE: MCD) reported Q3 EPS of $2.22, $0.32 better than the analyst estimate of $1.90. Revenue for the quarter came in at $5.42 billion versus the consensus estimate of $5.4 billion.
Global comparable sales declined 2.2%. Monthly comparable sales results improved sequentially for all segments throughout the third quarter. U.S. comps rose 4.6%.
"The resilience of the McDonald's system was on display during the third quarter as the competitive strength of our business and the 3 D's – Digital, Delivery and Drive Thru – led to significant global comparable sales recovery," said McDonald's Chief Financial Officer Kevin Ozan. "Our franchisees and restaurant teams around the world remain focused on running great restaurants and continuing to provide a safe environment for customers to enjoy our great tasting food.
For earnings history and earnings-related data on McDonald's (MCD) click here.
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