Overview

• McDonald’s global same-store sales rose 3.8% in the second quarter, topping the 2.4% forecast from analysts.
• U.S. same-store sales increased 2.5%, reversing a Q1 decline, while revenue reached $6.84 billion and adjusted EPS hit $3.19.
• Promotions including a Minecraft Movie tie-in, McCrispy Chicken Strips and a $5 meal deal drove traffic and higher customer checks.
• Yum Brands’ Q2 revenue of $1.93 billion missed estimates as KFC and Pizza Hut U.S. same-store sales each fell 5%.
• Taco Bell delivered 4% same-store sales growth even as Yum Brands gears up for an executive handover in October.