{"id":1229,"date":"2010-10-21T13:57:00","date_gmt":"2010-10-21T13:57:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/mcdonalds-corporations-mcd-q3-increases-on-account-of-higher-smoothies-sales\/1229\/"},"modified":"2010-10-21T13:57:00","modified_gmt":"2010-10-21T13:57:00","slug":"mcdonalds-corporations-mcd-q3-increases-on-account-of-higher-smoothies-sales","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/mcdonalds-corporations-mcd-q3-increases-on-account-of-higher-smoothies-sales\/1229\/","title":{"rendered":"McDonald\u2019s Corporation\u2019s (MCD) Q3 Increases on Account of Higher Smoothies Sales"},"content":{"rendered":"<p><strong>McDonald\u2019s Corporation <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=mcd\" target=\"_self\" rel=\"noopener\">(NYSE: MCD)<\/a> <\/strong>has reported 10 percent increase in its third quarter net income. The company surpassed the analysts expectations and registered $1.39 billion in earnings for the fiscal third quarter of the year. The fast food chain\u2019s per share earnings stood at $1.29, up from $1.15 per share it had earned last year.<\/p>\n<ul>\n<li>McDonald\u2019s revenue for the quarter increased 4.3 percent.<\/li>\n<li>McDonald\u2019s recorded $6.3 billion in revenue for the quarter.<\/li>\n<\/ul>\n<p>McDonald\u2019s had earned $1.26 billion during the third quarter of the year. The consensus estimates for the earnings were pegged at $1.25 per share and the revenue was expected to be $6.23 billion.<\/p>\n<p>McDonald\u2019s reported 6 percent increase in sales at its global stores opened more than 13 months ago. However, the rate of such increase for the US stores stood at 5.3 percent and 4.1 percent for the European stores. Asian and Middle East and Africa stores reported 8.1 percent increase. McDonald\u2019s have increased its menu offerings in the US. It has also augmented its operations in Europe.<\/p>\n<p>McDonald\u2019s also reported healthy improvement in the sales of its fruit smoothies and frappes. The company has increased its operating hours in Europe.<\/p>\n<p>McDonald\u2019s Corporation franchisees and operates McDonald\u2019s restaurants.<\/p>\n<p><span id=\"more-1229\"><\/span><\/p>\n<p>Key Financial Stats<\/p>\n<p>Valuation<\/p>\n<ul>\n<li>Price\/Earnings(TTM)17.60<\/li>\n<li>Price\/Cash      Flow13.60<\/li>\n<li>Price\/Sales      (TTM)3.49<\/li>\n<li>Price\/Book6.27<\/li>\n<\/ul>\n<p>Financial Strength<\/p>\n<ul>\n<li>Quick Ratio      (MRQ)1.00<\/li>\n<li>Current Ratio      (MRQ)1.20<\/li>\n<li>LT Debt to      Equity (MRQ)0.78<\/li>\n<li>Total Debt to      Capital (MRQ)0.81<\/li>\n<li>Return on      Equity36.50<\/li>\n<\/ul>\n<p>Assets<\/p>\n<ul>\n<li>Asset      Turnover0.80<\/li>\n<li>Asset per      Employee8873.51<\/li>\n<li>Inventory      Turnover132.00<\/li>\n<\/ul>\n<p>Per Share Data<\/p>\n<ul>\n<li>Earnings      (TTM)4.39<\/li>\n<li>Current P\/E      Ratio1.20<\/li>\n<li>Cash Flow5.69<\/li>\n<li>Annual      Dividend2.44<\/li>\n<li>Book Value12.34<\/li>\n<li>EBITDA30.80<\/li>\n<\/ul>\n<p>Profitability<\/p>\n<ul>\n<li>Market Cap4.39<\/li>\n<li>Gross Margin      (TTM)44.90<\/li>\n<li>Operating Margin      (TTM)30.80<\/li>\n<li>Profit Margin      (TTM) 20.30<\/li>\n<\/ul>\n<p>Management Effectiveness<\/p>\n<ul>\n<li>Return on Equity      (TTM)36.50%<\/li>\n<li>Return on Assets      (TTM)16.70%<\/li>\n<li>Return on      Investment (TTM)20.50%<\/li>\n<\/ul>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n<div style=\"padding:0px;margin:0px;margin-bottom:15px;\">\n<div style=\"width:338px;height:280px;\">\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW Single Post - Footer *\/\ngoogle_ad_slot = \"9968072899\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<\/div>\n<p><br style=\"clear:both\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>McDonald\u2019s Corporation (NYSE: MCD) has reported 10 percent increase in its third quarter net income. The company surpassed the analysts [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6],"tags":[69],"class_list":["post-1229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-stocks-to-watch","tag-mcd"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/1229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=1229"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/1229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=1229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=1229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=1229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}