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McDonald's sales in US edge up for first time in 2 years

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Posted at 7:24 AM, Oct 22, 2015
and last updated 2015-10-22 08:30:03-04

NEW YORK (AP) — McDonald's sales edged up at established U.S. locations during the third quarter, snapping a streak of about two years of quarterly declines.

The world's largest burger chain also said sales rose 4 percent on a global basis at established locations. In the U.S., the figure rose 0.9 percent.

McDonald's is attempting to spark a turnaround under CEO Steve Easterbrook, who took over on March 1. Earlier this month, the chain introduced "all-day breakfast," which lets people order items like the Egg McMuffin whenever they want.

For the quarter, McDonald's Corp. earned $1.31 billion, or $1.40 per share, topping the $1.27 per share analysts expected. Revenue was $6.62 billion, also above the $6.41 Wall Street expected, according to Factset.

Data curated by FindTheCompany.com

 

Data curated by findthecompany.com.