McDonald's Q2 revenue increased by 5.4% year-on-year, and operating profit rose by 11% year-on-year, both exceeding expectations | Financial Report Insights
McDonald's second-quarter revenue was $6.84 billion, a year-on-year increase of 5.4%, and operating profit was $3.23 billion, a year-on-year increase of 11%, both exceeding market expectations. Adjusted earnings per share were $3.19, estimated at $3.14. Same-store sales grew by 3.8%, with U.S. same-store sales growing by 2.5%. McDonald's shares rose nearly 3% in pre-market trading
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.
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