Friday, June 6, 2014
Friday, January 24, 2014
McDonald’s Corporation (MCD) announced results for the fourth quarter of fiscal year 2013 (4QFY13), along with a few figures for the full FY13. In the latest quarter, the company reported net income of $1,397 million, which translates to earnings per share (EPS) of $1.4.
EPS was up 1% over 4QFY12, and beat estimates of $1.39.
Revenues, on the other hand, were largely in line with expectation at $7.09 billion, up 2% from 4QFY13.
McDonald’s reported EPS of $5.55 for the full year, which was again in line with expectations. Revenues for FY13 came in at $28.1 billion.
Read More : MCD
Wednesday, January 22, 2014
The world’s largest chain of hamburger joints should start worrying about its health. On October 21, The McDonald’s Corporation (MCD) posted third quarter (3Q) earnings that largely affirmed analysts’ expectations from the company – but a second look reveals a different story. For the quarter, the company recorded lower growth in sales from comparable outlets as compared to the growth rates recorded by other businesses in the restaurant industry.
McDonald’s reported $1.52 in diluted earnings per share for the three months through September 30, 2013 (3QFY13), which were 6% higher than $1.43 in the corresponding quarter a year ago. Earnings actually grew 7% if adjusted for currency fluctuations. However, even though revenues rose 2% YoY (year-over-year) to $7.32 billion, they fell short of analyst expectations.