McDonald’s (MCD) had a blow-out quarter.
Global comparable sales increased 7.4%, Revenue rose 6% to $5.615 billion. Operating income was up 24% to $1.463 billion.
Earnings per share were $0.81, up 31% versus $0.62 in 2007, and included $0.05 per share of currency benefit.
For the quarter, Europe and Asia/Pacific, Middle East and Africa both delivered double-digit revenue and operating income growth. Europe’s revenues rose 23%.
McDonald’s U.S. delivered solid quarterly results with comparable sales up 2.9% and operating income increasing 5%
Douglas A. McIntyre