McDonald's Net Up But Same - Store Sales Flat
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Despite sluggish sales at U.S. restaurants, the restaurant chain operator reported net income of $1.27 billion, up from $1.24 billion a year earlier.
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Sales are flat for the company, but the valuation still appears to be fair.
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McDonald's Corp. on Friday said  quarterly profit more than tripled on strong U.S. sales of  products like its new Chicken Selects fried chicken strips,  though changes in the way it accounts for leases trimmed  results.
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McDonald&#39;s Corp. (MCD.N: Quote, Profile, Research) said Monday that sales at its namesake hamburger restaurants open at least 13 months rose 6.1 percent in October, helped by a popular Monopoly game promotion in the United States.
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McDonald's Corp. MCD.N on Tuesday  said sales at its hamburger restaurants open at least 13 months  rose 5.2 percent in January as strong sales in the United  States and Europe helped it beat some analysts' expectations.
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U.S. stocks were flat on Wednesday as renewed worries about the outlook for interest rates erased early gains notched up on news of strong retail sales and a flurry of takeover activity.
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McDonald's Corp. MCD.N on Thursday  said sales at its namesake restaurants open at least 13 months  rose 4.2 percent in November as U.S. results were boosted by an  "Incredibles" Happy Meal tie-in.
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LOS ANGELES/CHICAGO  - McDonald's Corp , the world's largest restaurant chain operator, on Monday posted flat U.S. same-store sales in December, sending its shares down as much as 8.8 percent and dragging down the restaurant sector.
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McDonald&#39;s Corp. (MCD.N: Quote, Profile, Research) on Wednesday said worldwide sales at its namesake restaurants open at least 13 months rose 3.9 percent in
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McDonald's Corp.  on Wednesday raised its annual dividend by 50 percent as part of a plan to return up to $17 billion to shareholders through 2009, sending its shares up more than 2 percent.
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McDonald's Corp., the world's No. 1 hamburger chain, said Monday its fourth-quarter profit climbed 3 percent due to income tax benefits and yet another period of strong sales at stores open at least a year.
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McDonald's Corp , the world's  largest restaurant chain operator, posted higher quarterly  profit on Monday, helped by a tax benefit, despite sluggish  sales at U.S. restaurants
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McDonald's Corp.  on Friday posted its largest monthly comparable-store sales increase in more than three years, helped by the popularity of its small sandwiches in France and a big green ogre called Shrek in the United States.
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LOS ANGELES/CHICAGO  - McDonald's Corp , the world's largest restaurant chain operator, on Monday posted flat U.S. same-store sales in December, sending its shares down 8 percent and weighing on the entire restaurant sector.
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McDonald's sees latest quarterly profits rise just 3%, as sluggish US sales trailed behind those seen overseas.
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Stocks edged higher at the opening on   Tuesday, helped by a stronger-than-expected rise in same-store   sales at McDonald's Corp. MCD.N and unexpectedly good results   from Goldman Sachs Group Inc. GS.N.
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Sales at U.S. restaurants open at least 13 months increased 7.2 percent from a year earlier, Oak Brook, Ill.-based McDonald's said in a statement.