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McDonald's posts 28% increase in Q2 profit

McDonald
Food   Bottom line totaled $1.40 billion

McDonald's reported a profit for its second quarter that climbed from last year.




The company said its bottom line totaled $1.40 billion, or $1.70 per share. This was higher than $1.09 billion, or $1.25 per share, in last year's second quarter.

The company said revenue for the quarter fell 3.5% to $6.05 billion. This was down from $6.27 billion last year.

McDonald's Corp. earnings at a glance:

-Earnings (Q2): $1.40 Bln. vs. $1.09 Bln. last year.
-Earnings Growth (Y-o-Y): 28.4%
-EPS (Q2): $1.70 vs. $1.25 last year.
-EPS Growth (Y-o-Y): 36.0%
-Revenue (Q2): $6.05 Bln vs. $6.27 Bln last year.
-Revenue Change (Y-o-Y): -3.5%.

 
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