McDonald's earnings beat as Covid restrictions ease, fueling strong international sales

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McDonald's on Wednesday reported quarterly earnings and revenue that topped analysts' estimates as its international sales bounced back.

The fast-food chain saw same-store sales growth in its international markets accelerate as Covid-19 restrictions eased.In this article

The company reported fiscal third-quarter net income of $2.15 billion, or $2.86 per share, up from $1.76 billion, or $2.35 per share, a year earlier. Net sales rose 14% to $6.2 billion, topping expectations of $6.04 billion. Worldwide, same-store sales climbed 12.7% from a year ago and 10.2% on a two-year basis.

 

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