McDonald's Says 3Q Profit to Beat expectations

October 12, 2007
McDonald's Corp.'s hot streak keeps on going.

The world's largest fast-food chain said Friday its third-quarter profits will top Wall Street's estimates following another month of strong sales.

Global sales from its restaurants open more than a year rose 5.9 percent in September, led by an impressive 12 percent gain in its Asia/Pacific, Middle East and Africa division. Stronger foreign currencies helped boost results.

Same-store sales in its U.S. outlets rose 3.5 percent, increasing for a 54th consecutive month. The company cited its value menu, breakfast offerings and drinks as helping to boost sales — some 60 percent of which now come from drive-throughs.

Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Sponsored Content
Interpom - Sponsor of the month - 20240905

Highlighted Company

Sponsored Content
Marel - Leaderboard - 20241003
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content

Where

Sponsored Content