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About McDonald's (MCD)
McDonald's Corporation franchises and operates fast food restaurants in the global restaurant industry. The company's restaurants offer a wide selection of affordable menu items in countries around the world.
🔥 McDonald's (MCD) REPORT 04/28/2022 🔥
👉 Earnings per share: $2.28 / $2.17 (expected)
👉 Revenue: $5,665.6B / $5.57B (expected)
📣 Net Income $1,104.4B
📣 $127 million, or $0.13 per share, was pre-tax operating expenses incurred to support the Company's business in Russia and Ukraine.
📣 Included in this amount was $27 million related to continued employee payroll, rent and supplier payments, and $100 million for Company supply chain inventory likely to be disposed of due to temporary restaurant closures
📣 $500 million, or $0.67 per share, of non-operating expenses to reserve for a possible international tax settlement
