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News and analysis on the global poultry
and animal feed industries.
on August 6, 2009

McDonald's operating income up, net drops

Second quarter results are reviewed for the global fast food chain.

McDonald's Corp. announced second quarter results showing an 8% drop in net income to $1,093 million, compared with the quarter ended June 30, last year.

Global comparable sales increased 4.8% with the U.S. up 3.5%, Europe up 6.9% and Asia/Pacific, Middle East and Africa up 4.4%. Consolidated operating income increased 2% (11% in constant currencies).

Approximately US$1.4 billion returned to shareholders through share repurchases and dividends.

On July 22, McDonald's Board of Directors declared a quarterly cash dividend of US$0.50 per share of common stock, payable to shareholders on September 15, 2009.

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