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McDonald's Reports Second Quarter 2019 Results

EPS of $2.05 and revenue $5.34B (-0.2% Y/Y) in-line

McDonald's Corporation announced results for the second quarter ended June 30, 2019. Results for the quarter and six months in constant currencies reflected stronger operating performance primarily due to an increase in sales-driven franchised margin dollars, partly offset by lower gains on sales of restaurant businesses, mostly in the U.S.In the second quarter the revenues were $5.34B, operating...

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© EFA News - European Food Agency Srl

CoffeeArla and Starbucks celebrate successful 10 year partnership

The partnership has been a success from the start

2020 marks 10 years since European farmer-owned dairy cooperative Arla Foods and the American coffee company Starbucks partnered up to combine chilled coffee and milk for the ready to drink (RTD) market. The partnership has been a success from the start, securing continuous growth in a high pace global market, in which unit production has increased by no less than 1700 per cent. more