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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Are there still the ones who eat all these Obesity Bunch Collection in the year 2021 ? 🤣🤣😂

Singapore Singapore Latest News, Singapore Singapore Headlines