McDonald's (MCD) Sept Global Comps Up 5.9%; Sees EPS of $0.89
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Price: $268.10 -1.63%
Financial Fact:
Income before provision for income taxes: 1.9B
Today's EPS Names:
ARDS, SQZB, MDRX, More
Financial Fact:
Income before provision for income taxes: 1.9B
Today's EPS Names:
ARDS, SQZB, MDRX, More
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McDonald's Corp. (NYSE: MCD) said global comparable sales rose 5.9% in September and 6.9%. U.S. comparable sales up 3.5% in September. Europe comparable sales up 5.7% in September. Asia/Pacific, Middle East and Africa comparable sales up 12.0% in September.
Systemwide sales for McDonald's restaurants worldwide increased 11.5% for the month (7.2% in constant currencies) and 11.8% for the quarter (8.1% in constant currencies).
Third quarter 2007 earnings per share is expected to be $0.89. This includes $0.83 per share from continuing operations and an after-tax gain of $0.06 per share from the sale of Boston Market. Currency translation benefited earnings from continuing operations by $0.03 per share, and growth in other operating income contributed earnings of $0.02 per share. The Wall Street consensus is $0.77.
Systemwide sales for McDonald's restaurants worldwide increased 11.5% for the month (7.2% in constant currencies) and 11.8% for the quarter (8.1% in constant currencies).
Third quarter 2007 earnings per share is expected to be $0.89. This includes $0.83 per share from continuing operations and an after-tax gain of $0.06 per share from the sale of Boston Market. Currency translation benefited earnings from continuing operations by $0.03 per share, and growth in other operating income contributed earnings of $0.02 per share. The Wall Street consensus is $0.77.
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