Originally published at www.seclive.com
McDonald's Corp. (NYSE:MCD) announced its third quarter financial results for the fiscal year 2013, reporting steady gains in revenue and earnings. From a revenue and sales standpoint, the fast food giant reported comparable store sales increases of 0.9% worldwide, with the U.S. specifically seeing a 0.2% increase. Net income was $1.52B, or 5% above last year this quarter's income of $1.45B. Shareholders earned $1.52 per share, up nearly $0.10 from $1.43 a year ago. All of the company's business segments saw continued growth except the Asia/Pacific, Middle East and Africa regions where comparable sales fell 1.4% while operating income decline 12%. President and CEO Don Thompson commented that the company is devoted to delivering high-quality food and that this quarter demonstrates its ability to do that in a challenging economic environment.
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