The fast-food giant's revenue increased YoY, driven by growth in the U.S. market, while international segments experienced declines.McDonald's posted adjusted earnings per share of $3.23 for the quarter ended September 30, beating the analyst estimate of $3.20. Revenue rose 3% YoY to $6.87 billion, slightly above the consensus estimate of $6.82 billion.
"We will stay laser-focused on providing an unparalleled experience with simple, everyday value and affordability that our consumers can count on as they continue to be mindful about their spending," said Chairman and CEO Chris Kempczinski. McDonald's also announced a 6% increase in its quarterly cash dividend to $1.77 per share, demonstrating confidence in its financial position despite global challenges.
“The true number of sick people in this outbreak is likely much higher than the number reported, and the outbreak may not be limited to the states with known illnesses,” the CDC said. “Of 61 people with information available, 22 have been hospitalized, and 2 people developed hemolytic uremic syndrome, a serious condition that can cause kidney failure.