McDonald's Third Quarter Earnings Rise on Strong Global Results

  • News
  • Food Trends
  • McDonald's Third Quarter Earnings Rise on Strong Global Results
October 22, 2009
McDonald's Corporation today announced strong results for the third quarter ended September 30, 2009, fueled by positive comparable sales in every area of the world. In constant currencies, the Company posted higher revenues, operating income and earnings per share compared with the prior year.

"Alignment behind McDonald's long-term business strategy, the Plan to Win, is clear as our growth continues to be a systemwide effort with each area of the world contributing,"said McDonald's Chief Executive Officer, Jim Skinner. "McDonald's global results demonstrate the resilience of our strategies and our ability to execute successfully."

McDonald's reported the following third quarter highlights:

    --  Global comparable sales increased 3.8% with the U.S. up 2.5%, Europe up         5.8% and Asia/Pacific, Middle East and Africa up 2.2%     --  Consolidated operating income increased 6% (11% in constant currencies)         over the prior year     --  Earnings per share of $1.15, a 10% increase (14% in constant currencies)         over the prior year     --  The quarterly cash dividend increased 10% to $0.55 per share - the         equivalent of $2.20 per share annually - effective fourth quarter 2009      --  Approximately $1.3 billion returned to shareholders through share         repurchases and dividends 
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Sponsored Content
J&J green paper, a Miami-Dade company, announces the implementation of its game-changing sustainable packaging initiative Janus® in partnership with arcos dorados, the largest MCDonald's independent franchisee in the world
June 27, 2024

J&J Green Paper implements its sustainable packaging initiative Janus® with largest independent McDonalds franchisee in the world

J&J Green Paper has announced that its revolutionary JANUS® barrier technology is being used by Arcos Dorados Holdings, Inc., the world’s largest independent McDonald’s franchisee and a local packaging supplier in Argentina.
España: se celebró la sexta edición del Papatour en Canarias
June 25, 2024

España: se celebró la sexta edición del Papatour en Canarias

La sexta edición del evento que reúne a productores y asociados al sector celebró con éxito su sexta edición.
The UN says 40% of the world's land is already unable to sustain crops
June 22, 2024

UN food chief on soil degradation: Poorest areas have zero harvests left

Droughts and flooding have become so common in some of the poorest places on Earth that the land can no longer sustain crops, the director of the World Food Programme’s global office has said.
Sponsored Content