McDonald's logo upside down in honour of International Women's Day in March. The firm's sales have grown.
McDonald's logo upside down in honour of International Women's Day in March. The firm's sales have grown.

McDonald's beefs up income by 7 per cent



McDonald's reported higher second-quarter profits Thursday on increased comparable sales in the US and other key markets.

Net income came in at $1.5 billion, up 7.3 per cent from the year-ago level.

Revenues declined 11.5 per cent to $5.4bn, the result of having sold some company-owned restaurants to franchisees.

"We're seeing good performance across our business as our customers tell us that they value and appreciate the moves we're making to elevate the McDonald's experience," said chief executive Steve Easterbrook.

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Since becoming chief executive in 2015, Mr Easterbrook has focused on simplifying McDonald's offering and improving service at its US restaurants.

Comparable sales in the US rose 2.6 per cent from the year-ago level, part of a global increase of 4 per cent.

Other countries with strong growth included Britain, France and Italy, but said its performance was weak in South Korea.

Shares dipped 0.4 per cent to $158.31 in pre-market trading.

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
RESULTS
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UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

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Gorillaz 
The Now Now