McDonald’s 2Q profit, sales rise slightly

McDonald’s 2Q profit, sales rise slightly

Company warns on ‘challenged’ sales for rest of 2013

Net income, revenue and same-store sales all rose slightly for McDonald’s Corp. in the June 30-ended second quarter. However, the Oak Brook, Ill.-based company indicated that July same-store sales would be relatively flat, as the global informal-eating-out market is not expected to improve materially, and that results for the rest of 2013 would remain “challenged.”

style="font-family: Verdana; font-size: 16px; font-weight: bold;"> NET INCOME

Result: $1.397 billion, or $1.38 per share
% Increase: 3.6% (from $1.347 billion, or $1.32 per share)

REVENUE

Result: $7.08 billion
% Increase: 2.4% (from $6.92 billion)

SAME-STORE SALES

% Increase: 1.0%
(including a 1% increase in the United States, a 0.1% decrease in Europe, and a 0.3% decrease in Asia/Pacific, Middle East and Africa)


Source: Company report

RELATED:

    •    McDonald's makes late-night menu moves
    •    McDonald's to launch new spring menu offerings
    •    Same-store sales at NRN.com

Contact Mark Brandau at [email protected].
Follow him on Twitter: @Mark_from_NRN

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish