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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

McDonald's Defies Industry Downturn With Strong Sales, But China Challenges Persist

McDonald MCD United States China Wall Street Journal
Mykolaiv,,Ukraine,-,August,11,,2021:,Woman,With,Mcdonald's,French

McDonald’s Corporation (NYSE:MCD) shares are trading higher on Wednesday.

The company reported second-quarter adjusted earnings per share of $3.19, beating the analyst consensus estimate of $3.14. Quarterly sales of $6.843 billion outpaced the Street view of $6.682 billion.

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