Fast food giant McDonald's Corp. (MCD) reported an almost flat net income of $1.27 billion for the first quarter of 2013, while three-month earnings per share rose by 2% to $1.26, from last year's $1.23. On average, 30 analysts polled by Thomson Reuters expected earnings per share of $1.27 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly total revenues edged up to $6.605 billion, from $6.55 billion a year before. Analysts estimated revenues of $6.59 billion for the quarter. However, global comparable sales decreased 1.0% this quarter.
While the company posted higher quarterly results, comparable sales as well as operating income dropped, affected by comparison against strong prior year results that included an additional day in 2012 due to leap year.
In the U.S., comparable sales slid 1.2% in the quarter, partly due to the challenging eating-out environment, with operating income declining 3%. Europe's results were dampened by ongoing economic uncertainty, with first-quarter comparable sales down 1.1%, while operating income increased 1%, led by performance in the U.K. and Russia, partly offset by Germany.
In Asia/Pacific, Middle East and Africa, three-month comparable sales were down 3.3%, due mainly to ongoing weakness in Japan and negative results in China.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.