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Actionable news in MCD: MCDONALD'S CORPORATION,

Bet on pricier burgers pays off, sending McDonald's shares to all-time high

McDonald's shares opened in record territory Tuesday, thanks to a stronger-than-expected second-quarter performance that got a boost from upscale burgers and chicken sandwiches and discounted beverages.

  • EPS: $1.70 vs. $1.62 expected, according to Thomson Reuters
  • Revenue: $6.05 billion vs. $5.96 billion expected, according to Thomson Reuters
  • U.S. same-store sales: 3.9 percent vs. 2.9 percent expected, according to StreetAccount

The Golden Arches reported earnings of $1.70 per share on $6.05 billion in revenue. The burger giant was expected to earn $1.62 per share on $5.96 billion in revenue, according to Thomson Reuters...


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