McDonald’s (NYSE:MCD) reported stronger-than-expected results for the third quarter. Its shares rose 2.4% in the aftermath.
The company reported Q3 EPS of $3.17 on revenue of $6.69 billion, ahead of the consensus for earnings of $3.00 on revenue of $6.56B.
Global comparable sales increased 8.8%, reflecting strong comparable sales across all segments, and ahead of the consensus of 7.8%.
Same-store U.S. sales rose 8.1% while International sales jumped 8.3%.
“The macroeconomic environment is unfolding in line with our expectations for the year, and we continued to deliver convenience and value for our customers,” said McDonald’s President and Chief Executive Officer, Chris Kempczinski.
