met its recent second-quarter earnings guidance and said revenue rose 8% thanks to positive global comparable sales and the continued strength of its U.S. business.
For the quarter ended June 30, the company said revenue was up 5% in constant currencies, and global same-store sales rose 2.8%. Overall, the top line rose to $5.1 billion from $4.7 billion.
The ubiquitous fast-food seller earned $530.4 million, or 42 cents a share, in the quarter, including 9 cents of incremental tax expense resulting from the decision to repatriate about $3.2 billion in foreign earnings.
In the year-ago quarter, McDonald's earned $590.7 million, or 47 cents a share.
Last week, the hamburger chain said it expected to earn 42 cents a share in the quarter, including the tax expense of 9 cents a share and a pretax expense of 2 cents a share related to stock options.
Before that forecast, analysts surveyed by Thomson First Call were looking for earnings of 48 cents a share, meaning McDonald's would beat estimates if the items were excluded.