CHICAGO — McDonald’s reported its 16th consecutive bump in comparable-store sales globally.
The company on Friday posted earnings of $1.52 billion, or $1.97 per share. Earnings, adjusted for restructuring costs, came to $2.05 per share, which was a penny shy of expectations, according to Zacks Investment Research.
Revenue was $5.34 billion, a bit better than expected. Shares of McDonald’s Corp. rose more than 2 percent before the opening bell.