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	<title>Finance News Blog &#187; mitch</title>
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		<title>McDonald’s (NYSE: MCD) Posts Strong Q2 Earnings As Sales Rise Worldwide</title>
		<link>http://www.financenewsblog.com/2010/07/mcdonald%e2%80%99s-nyse-mcd-posts-strong-q2-earnings-as-sales-rise-worldwide/</link>
		<comments>http://www.financenewsblog.com/2010/07/mcdonald%e2%80%99s-nyse-mcd-posts-strong-q2-earnings-as-sales-rise-worldwide/#comments</comments>
		<pubDate>Fri, 23 Jul 2010 14:20:07 +0000</pubDate>
		<dc:creator>mitch</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Business News]]></category>
		<category><![CDATA[McDonald's]]></category>

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		<description><![CDATA[McDonald’s (NYSE: MCD) posted a 12 percent rise in second quarter earnings as sales were strong worldwide, with Australia and China leading the way. The fast-food giant said quarterly earnings were $1.23 billion or $1.13 a share, up from $1.09 billion or 98 cents a share in the second quarter last year. Revenue totaled $5.95 [...]<p>This article (<a href="http://www.americanbankingnews.com/2010/07/23/mcdonalds-nyse-mcd-posts-strong-q2-earnings-as-sales-rise-worldwide/">McDonald&#8217;s (NYSE: MCD) Posts Strong Q2 Earnings As Sales Rise Worldwide</a>) was originally developed by and is property of <a href="http://www.americanbankingnews.com">American Banking News</a>. Checkout American Banking News for up-to-date banking news and <a href="http://www.americanconsumernews.com/2009/12/the-peer-to-peer-lending-guide.html">peer to peer lending</a> news.</p>
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			<content:encoded><![CDATA[<p>McDonald’s (NYSE: MCD) posted a 12 percent rise in second quarter earnings as sales were strong worldwide, with Australia and China leading the way.</p>
<p>The fast-food giant said quarterly earnings were $1.23 billion or $1.13 a share, up from $1.09 billion or 98 cents a share in the second quarter last year.</p>
<p>Revenue totaled $5.95 billion in the period, up 5 percent from $5.65 billion last year.  Same-store sales rose 4.8 percent in the quarter.  U.S. same-store sales lagged, up 3.7 percent.</p>
<p>The results topped analyst estimates for earnings of $1.12 a share on total revenue of $5.91 billion.</p>
<p>&#8220;McDonald&#8217;s second quarter reflects strong top-line and bottom-line results with each area of the world generating higher comparable sales, traffic and profits,&#8221; said Chief Executive Officer Jim Skinner.</p>
<p>The company saw a 19 percent jump in operating income in the Asia/Pacific, Middle East region.  That move was led by Australia and China.</p>
<p>“This performance demonstrates the popular appeal of McDonald&#8217;s relevant menu choices. We&#8217;re delivering great tasting food to our 60 million customers around the world every day with the outstanding value and unmatched convenience they expect from McDonald&#8217;s,&#8221; added Skinner.</p>
<p>McDonald’s also returned $1.6 billion to shareholders in the second quarter through dividends and share repurchases.</p>
<p>This article (<a href="http://www.americanbankingnews.com/2010/07/23/mcdonalds-nyse-mcd-posts-strong-q2-earnings-as-sales-rise-worldwide/">McDonald&#8217;s (NYSE: MCD) Posts Strong Q2 Earnings As Sales Rise Worldwide</a>) was originally developed by and is property of <a href="http://www.americanbankingnews.com">American Banking News</a>. Checkout American Banking News for up-to-date banking news and <a href="http://www.americanconsumernews.com/2009/12/the-peer-to-peer-lending-guide.html">peer to peer lending</a> news.</p>

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