McDonald’s on Tuesday reported third-quarter earnings and sales that matched analysts’ forecasts, as its promotions continued to drive sales growth at US restaurants.
The fast-food chain reported adjusted earnings per share of $US1.76, matching the consensus estimate according to Bloomberg. Revenues also matched forecasts, at $US5.75 billion.
Sales at stores open for at least one year rose 4.1% in the US, driven by beverage and McPick 2 promos, the company said.
More to come …