McDonalds: Q2 in line with consensus
(CercleFinance.com) - McDonalds publishes net profits up 7% to 1.
5 billion dollars for the past quarter, representing an EPS up 12% to 1.90 dollars, in line with analyst consensus.
Down 12% to just over 5.3 billion dollars, the fast-food giant's turnover has this year again been affected by its strategic franchising initiatives.
In comparable data, McDonalds' global sales went up 4% in the second quarter, reflecting a positive trend in visits in each segment.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
5 billion dollars for the past quarter, representing an EPS up 12% to 1.90 dollars, in line with analyst consensus.
Down 12% to just over 5.3 billion dollars, the fast-food giant's turnover has this year again been affected by its strategic franchising initiatives.
In comparable data, McDonalds' global sales went up 4% in the second quarter, reflecting a positive trend in visits in each segment.
Copyright (c) 2018 CercleFinance.com. All rights reserved.