McDonald's Second-Quarter Tops Views Amid Pandemic Bounce Back
2021年7月28日 - 08:18PM
Dow Jones News
By Colin Kellaher
McDonald's Corp. on Wednesday posted second-quarter revenue and
earnings that surpassed Wall Street's expectations amid a strong
recovery from the coronavirus pandemic.
The Chicago fast-food giant reported net income of $2.22
billion, or $2.95 a share, for the quarter, up from $483.8 million,
or 65 cents a share, a year earlier, when results were dragged down
by worldwide closures related to the pandemic.
Excluding items, McDonald's reported an adjusted profit of $2.37
a share for the quarter. well above the $2.11 analysts polled by
FactSet, on average, were expecting.
Revenue surged 57% to $5.89 billion, topping the $5.58 billion
analysts were looking for, as worldwide comparable sales jumped
40.5%.
On a two-year basis, global comparable sales were up 6.9% in the
quarter, marked by gains in all segments.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 28, 2021 07:14 ET (11:14 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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