McDonald's reports third quarter 2013 results

McDonald's Corporation today announced results for the third quarter ended September 30, 2013. For t…

McDonald's Corporation today announced results for the third quarter ended September 30, 2013. For the quarter, the Company posted higher revenues, operating income and earnings per share compared with the prior year.

"Our unwavering commitment to providing an outstanding restaurant experience to every customer, every time guides our plans and keeps our customers at the forefront of all we do," said McDonald's President and Chief Executive Officer Don Thompson. "We are focused on delivering what our customers want most in any environment - great-tasting food served in a contemporary, inviting atmosphere at the speed and convenience that is in tune with today's busy lifestyles. For the quarter, our results reflect McDonald's ability to grow amid the broad-based challenges of the current environment by focusing on those areas of the business within our control."

Third Quarter results included:

• Global comparable sales increase of 0.9%
• Consolidated revenues increase of 2% (2% in constant currencies)
• Consolidated operating income increase of 6% (6% in constant currencies)
• Diluted earnings per share of $1.52, up 6% (7% in constant currencies)
• Returned $1.3 billion to shareholders through dividends and share repurchases

"While we are focused on strengthening our near-term performance, the current environment continues to pressure results," said Don Thompson. "Around the world, we remain confident in our ability to drive sustained, long-term profitable growth through our global growth priorities - optimizing the menu, modernizing the customer experience and broadening accessibility. Moving forward, we are committed to enhancing shareholder value through disciplined investments that support our long-term growth opportunities and further differentiate Brand McDonald's."