McDonald's Reports Better-Than-Expected Q2 Results

Need2Know Headlines

Yes, Hannah. So mcdonald's earnings and revenue both topped expectations in this latest quarter and the company reported worldwide quarterly sales growth by double digits including about a 10% rise in the US. While mcdonald's also touted the success of its recent marketing efforts including the grimace birthday meal, which the company rolled out toward the end of the quarter. It also announced it's going to be launching a spinoff restaurant known as Cosmic in a limited number of locations starting next year. Well, the CEO described it as a small format concept with all the DNA of mcdonald's but with its own unique personality.