McDonald's, Ruby Tuesday: Restaurant Results

NEW YORK ( TheStreet) -- McDonald's ( MCD), Ruby Tuesday ( RT) and BJ's Restaurants ( BJRI) are among the latest chains to report quarterly earnings.


Early Friday , McDonald's beat second-quarter profit and revenue expectations as earnings rose nearly 15%.

McDonald's earned $1.41 billion, or $1.35 a share, up 14.6% from year-earlier profit of $1.23 billion, or $1.13 a share, while revenue jumped 16.1% to $6.91 billion from $5.95 billion.

BJ's said late Thursday it grew quarterly earnings by 30%, leading analysts to raise their price targets on the casual dining company, citing its flexibility in pricing and push to offer "small bites" menu choices.

BJ's booked a profit of $8.2 million, or 28 cents a share, on revenue growth of 17% to $152.9 million.

Ruby Tuesday also reported late Thursday, though its profit fell 33.8%. It missed expectations, which the company attributed to greater advertising spending and impairment costs, which offset an increase in revenue.

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