McDonald’s 3Q net income rises 5%

McDonald’s 3Q net income rises 5%

Global same-store sales rise slightly

McDonald’s Corp. leveraged slightly positive same-store sales in the United States and Europe to produce a 5-percent lift in net income for the Sept. 30-ended third quarter. The Oak Brook, Ill.-based company said value platforms would be a key focus in the fourth quarter in every area of the world, including the Asia/Pacific, Middle East and Africa (APMEA) segment, where same-store sales fell 1.4 percent during the quarter.

NET INCOME

Result: $1.52 billion, or $1.52 per share
% Increase: 5% (from $1.45 billion, or $1.43 per share)

REVENUE

Result: $7.32 billion
% Increase: 2% (from $7.15 billion)

SAME-STORE SALES

% Increase globally: 0.9%


% Increase in U.S.: 0.7%


% Increase in Europe: 0.2%


% Decrease in APMEA: 1.4%


Source: Company report

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Same-store sales at NRN.com

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

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