Third-quarter net income for McDonald’s Corp. was up 9%, boosted in part by new menu items in the United States and a tiered pricing system in Europe.
For the quarter ended September 30, the company had a net income of $1,507.3 million, equal to $1.45 per share on the common stock, which compared with an income of $1,388.4 million, equal to $1.29 per share, during the same period of the previous year. Total revenue was $7,166.3 million, up 14% from $6,304.9 million during the same quarter of the previous year.
For the nine months ended Sept. 30, the company had a net income of $4,126.5 million, equal to $3.94 per share, up 11% from $3,704 million, equal to $3.42 per share, during the same period of the previous year. Total revenue for the period was $20,183.3 million, up 13% from $17,860.5 million, during the same period of the previous year.
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