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No McRecession in sight

 Jan 27, 2009 01:45 PM UTC
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Graphic_arrow1 Via BloggingStocks:  

Filed under: Earnings reports, Good news, Consumer experience, India, China, Brazil, Russia, McDonald's (MCD), Chipotle Mexican Grill'A' (CMG), Stocks to Buy, Recession

As the reigning king of the fast food industry, McDonald's Corp. (NYSE: MCD) has consistently demonstrated its adroitness in addressing changing economic conditions and consumer preferences.


The company's fourth-quarter earnings report provided a stark testimonial to the effectiveness of McDonald's strategy and management. Reporting earnings of 87 cents per share for the quarter, MCD exceeded the 2007 fourth-quarter results after adjusting for a 2007 tax bonus to earnings of 33 cents per share.


The company reported a 3% drop in revenues for the quarter. Excluding currency exchange rates, the global company reported an increase in revenues of 5% for the period.

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No McRecession in sight originally appeared on BloggingStocks on Tue, 27 Jan 2009 08:45:00 EST. Please see our terms for use of feeds.

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stocknod   N/A     1 point   commented 230 days ago reply

For the nine months ended 30 September 2005, McDonald's Corporation's revenues increased 8% to $15.23B. Net income increased 6% to $1.99B. Revenues reflect higher sales in Company-operated resturants and franchised & affiliated restaurants. Net income also reflects higher operating margins and lower interest expenses. McDonald's Corpration develops, operates, franchises and services a worldwide system of restaurants which prepare foods.

The company hold a tight grip over the market during the recession period and McDonald Share Price is stable for the last 10 years or so.

McDonald financial information and share pricestates that McDonald celebrates
Revenue 23,522.4
Gross Profit 8,639.2
Dividends per Share 1.63
Total Net Income 4,313.2
Net Profit Margin 18.3%

All this information is upto Dec,08..


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