Retail

Blistering Growth At McDonald's

It is extraordinary that the largest fast food chain is in the world’s is also the one that is growing the most rapidly. But, that is the case with McDonald’s (NYSE: MCD)

Revenue grew 5% to $5.94 billion. Operating income was up 10% to $1.85 billion, and net income rose 12% to $1.23 billion.

Global comparable sales increased 4.8%, with the U.S. up 3.7%, Europe up 5.2% and Asia/Pacific, Middle East and Africa up 4.6%.

Douglas A. McIntyre

 

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