McDonald's (MCD) Reports Q2 GAAP EPS of $0.98; Comps Up 4.8%
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Price: $261.33 -2.1%
Financial Fact:
Selling, general & administrative expenses: 582.9M
Today's EPS Names:
VIVE, ENSV, MDLM, More
Financial Fact:
Selling, general & administrative expenses: 582.9M
Today's EPS Names:
VIVE, ENSV, MDLM, More
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McDonald's Corporation (NYSE: MCD) reports Q2 GAAP EPS of $0.98, including $0.09 per share of negative impact from foreign currency translation and $0.01 per share of incremental income related primarily to the sale of Redbox Automated Retail, versus the analyst estimate of $0.97. Revenue for the quarter was $5.65 million, versus the consensus of $5.72 billion.
Global same store sales rose 4.8% with the U.S. up 3.5%, Europe up 6.9% and Asia/Pacific, Middle East and Africa up 4.4%.
Sees July same store sales similar or better than June.
McDonald's says it remains confident in its FY09 outlook.
Global same store sales rose 4.8% with the U.S. up 3.5%, Europe up 6.9% and Asia/Pacific, Middle East and Africa up 4.4%.
Sees July same store sales similar or better than June.
McDonald's says it remains confident in its FY09 outlook.
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