Associated Press | McDonald’s first-quarter profit climbed above
analysts’ expectations as hungry diners looking to stretch their
dollars chowed down on its value menu items.
The world’s largest hamburger chain says sales rose across all its markets as more customers visited its restaurants.
McDonald’s, based in Oak Brook, generally outperformed most competitors
in the recession. But even its sales had come under pressure amid high
unemployment.
McDonald’s earned $1.09 billion, or $1 per share. That compares with earnings of $979.5 million, or 87 cents per share, in the same quarter last year.
Revenue rose 10 percent to $5.61 billion.
Analysts forecast a smaller profit of 96 cents per share on revenue of $5.52 billion.
I stopped eating at McDonalds and I lost 30 pounds.
Garbage in, garbage out.
Heckuva company though. They are killing the competition with their deals. I noticed today that McDonald’s is now offering 49-cent ice cream cones on top of the $1 sweet tea.
….check out their benefits to their employees – first rate!
Last time I ate at McDonalds I poop 30 pounds! My body rejected all of the chemical preservatives.