Amid Light Comp Gains, McDonald's (MCD) Ekes Out Q4 'Beat'
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Price: $274.38 -1.52%
Revenue Growth %: +4.7%
Financial Fact:
Operating income: 2.14B
Today's EPS Names:
OCCI, MAYS, CRMT, More
Revenue Growth %: +4.7%
Financial Fact:
Operating income: 2.14B
Today's EPS Names:
OCCI, MAYS, CRMT, More
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McDonald's (NYSE: MCD) may change its slogan to "Food, Folks, and Profits" following the most recent quarterly results released today.
Revenue at the Oak Brook, Illinois-based fast-food giant rose 1.9 percent to $6.95 billion with global comps up just 0.1 percent. Net income improved to $1.40 billion, or $1.38 per share.
Wall Street analysts put McDonald's with revs of $6.89 billion and EPS of just $1.33.
Leading quarterly comparable-store sales gains was McDonald's U.S. segment, posting a 0.3 percent jump. Europe reported a 0.6 percent drop and APMEA saw comps slip 1.7 percent.
McDonald's noted weakness in Japan and other markets offset partially by Australia in APMEA, while U.K. and Russia were positives in Europe.
McDonald's CEO Don Thompson said the company's long-term goal remain in tact (sales growth of 3 percent to 5 percent, operating income of six percent to seven percent, and high-teens ROIC), while it plans to invest $3.2 billion 2013 for the opening of 1,600 new locations and re-imaging of 1,600 more.
Into the opening bell Wednesday, McDonald's shares are up 0.6 percent.
(Note: there are no current plans for McDonald's to actually change its slogan. As far as we know.)
Revenue at the Oak Brook, Illinois-based fast-food giant rose 1.9 percent to $6.95 billion with global comps up just 0.1 percent. Net income improved to $1.40 billion, or $1.38 per share.
Wall Street analysts put McDonald's with revs of $6.89 billion and EPS of just $1.33.
Leading quarterly comparable-store sales gains was McDonald's U.S. segment, posting a 0.3 percent jump. Europe reported a 0.6 percent drop and APMEA saw comps slip 1.7 percent.
McDonald's noted weakness in Japan and other markets offset partially by Australia in APMEA, while U.K. and Russia were positives in Europe.
McDonald's CEO Don Thompson said the company's long-term goal remain in tact (sales growth of 3 percent to 5 percent, operating income of six percent to seven percent, and high-teens ROIC), while it plans to invest $3.2 billion 2013 for the opening of 1,600 new locations and re-imaging of 1,600 more.
Into the opening bell Wednesday, McDonald's shares are up 0.6 percent.
(Note: there are no current plans for McDonald's to actually change its slogan. As far as we know.)
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