McDonald’s Corp (MCD.N) reported a better-than-expected rise in quarterly sales at its restaurants on Monday, helped by strong international sales, especially in the UK and Germany, sending its shares up 3.6 percent, according to Reuters.
Global sales at stores open at least 13 months rose 5.5 percent, easily topping the average analyst estimate of 3.94 percent, according to Thomson Reuters I/B/E/S.
Excluding items, the company earned $1.79 per share, beating the estimate of $1.67.
Net income rose to $1.38 billion, or $1.72 per share, from $1.21 billion, or $1.47 per share, a year earlier.
Revenue fell 9 percent to $5.14 billion, but edged past the estimate of $4.98 billion.