McDonald’s said Friday that its third-quarter earnings jumped 27% on rising sales of everything from coffee and breakfast items to hamburgers and snack wraps, with help from the weak dollar.
The earnings, in line with preliminary results released last week, keep the world’s largest restaurant chain on a sustained roll around the globe.
Net income for the July-through-September period was $1.07 billion, or 89 cents a share, up from $843.3 million, or 68 cents a share, in the third quarter 2006.
Excluding an after-tax gain of 6 cents a share from the sale of its Boston Market franchise, the company said its earnings were 83 cents a share.
That was in keeping with the revised expectations of analysts polled by Thomson Financial, who upgraded their estimates after McDonald’s disclosed stronger-than-expected preliminary numbers Oct. 12.
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