McDonald's (NYSE: MCD) has tried to return to its roots and double down on the fast food at value prices that have fueled its success. That, along with its All-Day Breakfast menu, has led the chain to a turnaround.
In its most recent quarter, global comparable-stores sales increased 6.6%, reflecting positive guest counts in all segments. The chain's home market, the United States, wasn't up quite as much, but a same-store-sales increase of 3.9% is still impressive.
Revenue did decline by 3%, but diluted earnings per share (EPS) improved to $1.70 from $1.25 in Q2 2016. And for the first six months of the year, EPS is up 26%, jumping to $3.17 from $2.51, though overall revenue was down by 4%.
Source: Fool.com