McDonald's Global Comparable Sales Fuel Strong Third Quarter Results

McDonald's Corporation today announced strong operating results for the third quarter, driven by global comparable sales growth of 7.1%.

"The strength of McDonald's ongoing results is a testament to our multi-dimensional Plan to Win, which features quality food, compelling value at every level of our menu and dependable convenience,"said Chief Executive Officer Jim Skinner. "Our unwavering commitment to providing an outstanding restaurant experience to every customer, every time is driving comparable sales momentum and profitability growth in each area of the world."

McDonald's reported the following third quarter highlights:
 

• Global comparable sales increased 7.1%
• Continued growth in consolidated Company-operated and franchised restaurant margins
• Consolidated operating income increased 20% (15% in constant currencies)
• Earnings per share from continuing operations of $1.05, a 27% increase (22% in constant currencies) over the prior year
• Quarterly cash dividend increased 33% to $0.50 per share – the equivalent of $2.00 per share annually, and the Company repurchased $1 billion of its stock