June 13, 2024


The food dudes

McDonald’s U.S. 3rd-Quarter Revenue Rise, Rapidly-Food items Large Lifts Dividend

McDonald’s  (MCD) – Get Report, the world’s most significant rapid-food stuff cafe chain, claimed that its U.S. equivalent-retail outlet product sales rose 4.6% in the 3rd quarter, whilst its international comparable profits slid 2.2%.

The corporation also lifted its dividend payable in December by 3% to $1.29 a share from $1.25 in September.

In the U.S, gross sales benefited from “strong normal verify growth from more substantial team orders as nicely as solid overall performance at the evening meal daypart,” McDonald’s reported in a assertion.

“The firm’s strategic advertising investments and resulting marketing activity drove minimal double-digit similar gross sales for the month of September, like constructive comparable product sales across all dayparts. Equivalent guest counts remained negative for the quarter,” the organization added.