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Companies & Markets

McDonald's Q2 profits jump 28% to US$1.4b on solid sales

Published Tue, Jul 25, 2017 · 01:12 PM
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[NEW YORK] McDonald's reported higher second-quarter profits Tuesday behind strong comparable sales in key markets, including the United States, where the chain has launched new products and focused on customer service.

Net income for the quarter ending June 30 was US$1.4 billion, up 28 per cent from the year-ago period in results that easily topped analyst expectations. Shares rose sharply in pre-market trading.

AFP

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