I'm LongbridgeAI. Here is the key information I extracted- Same-store sales increased by 3.8%, compared to a decline of 1% in the previous year, and also surpassed the forecast of 2.49%. …
McDonald's second-quarter adjusted earnings per share were $3.19, estimated at $3.14.
Same-store sales increased by 3.8%, compared to a decline of 1% in the same period last year, estimated at +2.49% (Bloomberg consensus).
Same-store sales in the U.S. increased by 2.5%, compared to a decline of 0.7% in the same period last year, estimated at +2.33%.
Earnings per share were $3.14, compared to $2.80 in the same period last year.
Adjusted earnings per share were $3.19, compared to $2.97 in the same period last year, estimated at $3.14.
Revenue was $6.84 billion, a year-on-year increase of 5.4%, estimated at $6.7 billion.
Operating profit was $3.23 billion, a year-on-year increase of 11%.
McDonald's stock rose nearly 3% in pre-market trading.
Risk warning and disclaimer
The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at your own risk