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Share Name | Share Symbol | Market | Type |
---|---|---|---|
McDonalds Corp | NYSE:MCD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.91 | 0.34% | 271.89 | 272.22 | 270.48 | 272.08 | 1,402,403 | 18:58:16 |
By Colin Kellaher
McDonald's Corp. on Thursday posted first-quarter revenue and earnings that topped Wall Street's expectations amid strong U.S. sales.
The Chicago fast-food giant reported net income of $1.54 billion, or $2.05 a share, for the quarter, up from $1.11 billion, or $1.47 a share, a year earlier.
Excluding items, McDonald's reported an adjusted profit of $1.92 a share for the quarter. Analysts polled by FactSet, on average, were expecting adjusted earnings of $1.81 a share.
Revenue rose 9% to $5.12 billion, topping the $5.04 billion Wall Street was looking for. Worldwide comparable sales rose 7.5%, well above expectations of a 4.9% gain, as U.S. comparable sales jumped 13.6%.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 29, 2021 07:15 ET (11:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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