McDonald’s profit, revenue increase in 2Q

Two McDonald’s Corp. signature initiatives for 2010 — new beverages and restaurant remodels — drove the company’s strong financial performance, it said, sending second-quarter profit soaring 12 percent.

For the quarter ended June 30, McDonald’s net income totaled $1.23 billion, compared with $1.09 billion in the second quarter of 2009. Earnings per share increased 15 percent, rising to $1.13 in the second quarter, compared with 98 cents in the same quarter

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