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Golden Arches Keep Shining
Updated from 9:26 a.m. EDT
SAN FRANCISCO -- McDonald's (MCD Quote) bumped up its third-quarter profits with strong sales of breakfast and beverage menu items, as well as expansion overseas.
The fast-food chain posted results in line with its recent guidance, with profits rising to $1.07 billion, or 89 cents a share, from $843.4 million, or 68 cents a share, a year earlier.
Earnings from continuing operations, which exclude results from the recently sold Boston Market chain, were 83 cents a share, matching Thomson Financial's average analyst estimate. ...
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