McDonald’s Corp. reported a slight decrease in net income for the June 30-ended second quarter, in which it earned $1.39 billion, or $1.40 per share. The Oak Brook, Ill.-based company’s global same-store sales were relatively flat, owing to negative guest traffic but a higher average check in all its major markets. Some of McDonald’s largest markets continued to struggle in the quarter, as they have all year, including the United States, Germany and Japan. The company operates or franchises more than 35,000 restaurants in more than 100 countries.
2Q NET INCOME
Result: $1.39 billion, or $1.40 per share% Decrease: 0.7% (from $1.40 billion, or $1.38 per share)
2Q REVENUE
Result: $7.18 billion% Increase: 1.4% (from $7.08 billion)
2Q SAME-STORE SALES
— — % Increase systemwide: flat
% Decrease United States: 1.5%
% Decrease Europe: 1%
% Increase Asia Pacific, Middle East, Africa: 1.1%
Source: Company report
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