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McDonald’s Corp. (MCD) announced its third quarter financial results for the fiscal year 2013, reporting steady gains in revenue and earnings. From a revenue and sales standpoint, the fast food giant reported comparable store sales increases of 0.9% worldwide, with the U.S. specifically seeing a 0.2% increase. Net income was $1.52B, or 5% above last year this quarter’s income of $1.45B. Shareholders earned $1.52 per share, up nearly $0.10 from $1.43 a year ago. All of the company’s business segments saw continued growth except the Asia/Pacific, Middle East and Africa regions where comparable sales fell 1.4% while operating income decline 12%. President and CEO Don Thompson commented that the company is devoted to delivering high-quality food and that this quarter demonstrates its ability to do that in a challenging economic environment.
Q4 2012 Earnings Per Share has increased 3.7% compared to 2011 Q4.
Q1 2013 Earnings Per Share has increased 2.4% compared to 2012 Q1.
Q2 2013 Earnings Per Share has increased 4.5% compared to 2012 Q2.
Q3 2013 Earnings Per Share has increased 6.2% compared to 2012 Q3.
It's a respectable result given MCD's size. MCD business is stable, and share buybacks every quarter will surely benefit existing shareholders.