Business And Leadership, Ireland's Business News Service
Dublin: 03.09.2010 07:55 AM
RSS

Breaking News

US Growth revised downwards
All eyes were on Federal Reserve chief Ben Bernanke's speech at Jackson Hole, Wyoming on Friday. Source: Associated Press
Video clip sourced from http://www.youtube.com
Robert Dilenschneider on power and influence
Former Hill & Knowlton CEO and communications guru Robert Dilenschneider on the power of content, and on the nature of power.
McDonalds profits up 6pc, expects sales to stay positive

Also in this section

 

Leadership

McDonalds profits up 6pc, expects sales to stay positive

22.10.2009
Fast-food giant McDonalds has reported a 6pc rise in third-quarter earnings to US$1.26bn, up from the US$1.19bn earned a year previous, which the company said was fuelled by positive comparable sales in every area of the world.

Earnings per share saw growth of 10pc to US$1.15 during the quarter when compared to the US$1.05 earned during the same period a year previous.

Global comparable sales increased by 3.8pc, McDonalds said, with Europe top of pile with a rise in sales of 5.8pc. The US also saw sales rise, up 2.5pc, while the Asia/Pacific, Middle East and Africa region saw an increase in sales of 2.2pc.

However, revenue at the fast-food company fell 4pc to US$6bn during the quarter.

“We begin the fourth quarter from a position of strength, and I am confident that our focus on the customer and commitment to financial discipline will continue to deliver long-term profitable growth for our system and our shareholders,” said McDonald's Chief Executive Officer, Jim Skinner.

“For October, despite a declining informal eating out market around the world, we expect consolidated comparable sales to remain positive.”

 

Events Calendar

<< < September 2010 > >>
Sun Mon Tue Wed Thu Fri Sat
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30
 
 

Top Reports

Leadership Magazines

Irish Director Magazine Cover

Irish Director

Irish Director is the definitive magazine for leaders and senior decision makers in Ireland. Produced in association more..
Owner Manager Magazine Cover

Owner Manager

Owner Manager is the latest title from the BusinessandLeadership.com stable. It is the only magazine in Ireland to more..
Marketing Age Magazine Cover

Marketing Age

Marketing Age is the definitive voice of the marketing industry in Ireland. Aimed at decision makers, marketing more..
Knowledge Ireland Magazine Cover

Knowledge Ireland

Knowledge Ireland is a ground-breaking quarterly magazine from our sister brand siliconrepublic.com, unique in its more..

Site design by Whitespace Publishing. Web development and hosting by Tibus Ireland | powered by HandsOn