McDonald’s earnings soar 12% in Q2 2018
McDonald’s Corporation (MCD) beat analyst expectations for its second quarter 2018 results despite posting a 12% decrease in revenues. Consolidated revenues fell to $5.35 billion during the quarter, hurt by impacts from strategic re-franchising initiatives. Global comparable sales rose 4%, reflecting positive comp sales in all segments. Systemwide sales grew 5% in constant currencies. Net … Continue reading McDonald’s earnings soar 12% in Q2 2018
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