McDonald’s U.S. 3rd-Quarter Revenue Increase, Quickly-Foods Giant Lifts Dividend

McDonald’s  (MCD) – Get Report, the world’s major rapidly-food items cafe chain, described that its U.S. similar-store revenue rose 4.6% in the 3rd quarter, when its world-wide equivalent sales slid 2.2%.

The company also raised its dividend payable in December by 3% to $1.29 a share from $1.25 in September.

In the U.S, profits benefited from “strong typical check out growth from more substantial team orders as effectively as robust effectiveness at the supper daypart,” McDonald’s explained in a statement.

“The firm’s strategic marketing investments and ensuing advertising action drove lower double-digit similar product sales for the month of September, together with good similar profits across all dayparts. Equivalent visitor counts remained destructive for the quarter,” the corporation included.

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