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Latest headlines

McDonald's Q3 profit up five percent on Monopoly promotion

Sales were also strong in the UK and Russia.

By Shane O'Halloran
McDonald’s global comparable sales drop for April
October 21, 2013

McDonalds 3Q profit up five percent on Monopoly promotion

McDonald's announced a five percent increase in Q3 net income, benefitting from its annual Monopoly promotion in the US and strong sales in Russia and the UK. The company says it earned $1.52 billion, or $1.52 per share, for the quarter ending September 30, compared with $1.43 per share last year. Stores open at least 13 months reported a .7 percent revenue increase in the US and .2 in Europe.

KEYWORDS: McDonald's

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