McDonald's Reports Second Quarter 2015 Results
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McDonald's (MCD) Tops Q2 EPS by 2c; Global Comps Down 0.7%
July 23, 2015 7:59 AM EDTMcDonald's (NYSE: MCD) reported Q2 EPS of $1.26, $0.02 better than the analyst estimate of $1.24. Revenue for the quarter came in at $6.5 billion versus the consensus estimate of $6.45 billion. Global comparable sales decrease of 0.7%, reflecting negative guest traffic in all major segments.
"We have made meaningful progress since announcing the initial steps of McDonald's turnaround plan in early May," said McDonald's President and Chief Executive Officer Steve Easterbrook. "To position the business for long-term growth, we've undergone significant organizational change and are streamlining our global resources to improve our efficiency and effectiveness. While our second... More
