McDonald's posts higher second-quarter profit

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McDonald's posts higher second-quarter profit

July 23, 2008
Source
Reuters
McDonald's Corp, the world's largest restaurant chain, posted a higher second-quarter profit on Wednesday, boosted by strong overseas sales.

Net income came to $1.2 billion, or $1.04 per share, compared with its year-earlier loss of $711.7 million, or 60 cents per share, when it completed the sale of its businesses in Latin America and the Caribbean.

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    McDonald's is the leading global foodservice retailer with more than 34,000 local restaurants serving nearly 69 million people in more than 118 countries each day. 

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