McDonald's (MCD) Global Comps Up 8.2%; Sees Q1 EPS of $0.62
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Price: $252.53 -0.21%
EPS Growth %: +5.9%
Financial Fact:
Franchised restaurants - occupancy expenses: 437.6M
Today's EPS Names:
ANAB, ANIX, MNY, More
EPS Growth %: +5.9%
Financial Fact:
Franchised restaurants - occupancy expenses: 437.6M
Today's EPS Names:
ANAB, ANIX, MNY, More
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McDonald's Corporation (NYSE: MCD) said comparable sales for McDonald's restaurants worldwide increased 8.2%. McDonald's U.S. posted a 6.2% comparable sales gain in March. Europe rose 11.2%. Asia/Pacific, Middle East and Africa, comparable sales rose 9.6% in March.
First quarter 2007 earnings are expected to be approximately $0.62 per share, including a $0.01 per share positive impact from foreign currency translation and reflecting a tax rate of approximately 30%, primarily due to the net benefit of certain discrete tax items. The consensus is $0.57.
First quarter 2007 earnings are expected to be approximately $0.62 per share, including a $0.01 per share positive impact from foreign currency translation and reflecting a tax rate of approximately 30%, primarily due to the net benefit of certain discrete tax items. The consensus is $0.57.
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