McDonald's Says Foreign Exchange Increased Earnings -- Currency Comment
29 July 2021 - 6:59AM
Dow Jones News
By Paulo Trevisani
McDonald's Corp. said Wednesday that currency translations
increased earnings in the second quarter.
The Oak Brook, Ill. fast-food chain reported adjusted earnings
of $2.37 a share, a substantial improvement from 66 cents a share
in the second quarter of 2020. It said the conversion of foreign
currency benefited EPS by 13 cents for the quarter.
McDonald's also reported first-half EPS of $4.29, up from $2.13
a year earlier, and said that currency translations contributed 19
cents to the result.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
July 28, 2021 16:46 ET (20:46 GMT)
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