• Companies News: McDonald's (MCD) - one of the world's largest fast food chains - published its quarterly report

Market news

22 April 2014

Companies News: McDonald's (MCD) - one of the world's largest fast food chains - published its quarterly report

According to the published data, the profit in the 1st quarter of the fiscal year was $ 1.21 per share (forecast $ 1.24 per share). Revenue increased 1.4% to $ 6.70 billion (forecast: $ 6.71 billion).

Global sales climbed 0.5% in the reporting period. The company said they expect positive sales data for April.

MCD shares rose to $ 100.50 (+0.83%) in premarket trading, despite the worse-than-expected results in the first quarter.

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