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Net profit of McDonald’s rose 14% in 2018, according to reports. The company reached a figure of $5.924 billion. Earnings per share were $7.54 against $6.37 in 2017. McDonald's reduced its operating income by 8% to $8.823 billion. Revenue fell by 8% and slightly exceeded $21 billion. The net quarterly profit of the restaurant doubled in annual terms - to $1,415 billion. The earnings per share for the quarter reached $1, 82 versus $0.87 in 2017. The company reduced its operating profit by 7% to $2 billion. The decrease in revenue was 3% - to $5,163 billion. McDonald’s increased its global sales by 4.5% in 2018. In Q4, sales increased by 4.4%. The CEO of McDonald’s, Steve Easterbrook, noted the company's impressive growth over 14 quarters and a long positive trend for the first time since 2012.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
On Wednesday, McDonald’s Corp (MCD.N) said that it plans to pause the reopening of all dine-in services in its U.S. restaurants for the next 21 days as the coronavirus outbreak flares up in areas across the country. The fast-food chain ...
On Tuesday, the International Air Transport Association (IATA) announced that international airlines are in line to make a combined net loss of more than $84 billion this year due to the coronavirus crisis which has decimated air travel demand. According ...
Nike Inc (NKE.N) beat estimates for quarterly income on Tuesday as strong digital market covered the first China sales drop in nearly six years from the coronavirus-powered shutdowns, yet the company held back from providing an estimate forecast ...
The London Stock Exchange (LSE) said on Friday that it was “on track” to completing its takeover of the analytics company, Refinitiv, after a clearing activity led to a higher-than-expected annual income. According to LSE CEO David ...
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