Mc Donald's News
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McDonald's Stock Up on 2Q Profit Forecast < International > July 27th, 2006 McDonald's Corp. said Monday its second-quarter earnings will top analysts' expectations thanks to a strong showing by its European restaurants and increased U.S. breakfast sales that combined to boost June sales. The news pushed its stock up more than 5 percent. The world's largest restaurant company posted a 5.9 percent increase in worldwide same-store sales last month, including 5.2 percent in the United States and 4.5 percent in Europe, the two markets where a majority of its outlets are located. |
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