Shares of restaurant operator McDonald’s (NYSE:MCD) are up in the pre-market session today after the global fast food behemoth delivered better-than-expected third-quarter numbers.
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Revenue declined 5.4% over the prior year to $5.87 billion but came in ahead of expectations by $170 million. EPS at $2.68 too, comfortably beat estimates by $0.10.
Boosted by growth across all verticals, global comparable sales were up about 10%. U.S. comparable sales too increased by 6% during the period. Importantly, digital systemwide sales in MCD’s top six markets made up more than a third of the total systemwide sales in these markets.
On the other hand, MCD experienced a negative impact from foreign currency translations as the U.S. Dollar gained against all major currencies.
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