Net income, revenue and same-store sales all rose slightly for McDonald’s Corp. in the June 30-ended second quarter. However, the Oak Brook, Ill.-based company indicated that July same-store sales would be relatively flat, as the global informal-eating-out market is not expected to improve materially, and that results for the rest of 2013 would remain “challenged.”
NET INCOME
Result: $1.397 billion, or $1.38 per share% Increase: 3.6% (from $1.347 billion, or $1.32 per share)
REVENUE
Result: $7.08 billion% Increase: 2.4% (from $6.92 billion)
SAME-STORE SALES
% Increase: 1.0%
(including a 1% increase in the United States, a 0.1% decrease in Europe, and a 0.3% decrease in Asia/Pacific, Middle East and Africa)
Source: Company report
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Contact Mark Brandau at [email protected].
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