McDonald's (NYSE:MCD) reported Q4 EPS of $1.11, topping consensus estimates of $1.02.
Revenues in the quarter rose 7% year-over-year to $5.9 billion, inline with consensus estimates.
Global same-store sales increase of 2.3%, with all segments reporting positive results.
"McDonald's 2009 results reflect the broad-based strength of our global business," said McDonald's Chief Executive Officer, Jim Skinner.
Skinner concluded, "As we begin 2010, McDonald's January global comparable sales trend remains positive. We will continue our fiscal discipline by investing prudently and returning excess cash to shareholders. I am confident that the collective efforts of our franchisees, suppliers and employees will continue to drive value for all stakeholders."
McDonald's earnings are like the "Baby Translator" for the iPhone.....you can't really believe it until you see it! True stuff!
a420aDay 2 years ago