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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • McDonald's Revenue And Earnings Steadily Increase 0 comments
    Oct 21, 2013 11:26 AM | about stocks: MCD

    Originally published at

    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.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: MCD
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