The world's largest fast-feeder reported net income for the quarter ended June 30 of $440.9 million, or 34 cents per share, down 16% from the same period in 2000. That drop brought first half 2001 net income down 16% to 819.2 million, or 62 cents per share, compared to $978.6 billion, or 71 cents per share in 2000.
McDonald's reports revenue rather than same-store sales, but noted the decline in sales of stores open one year in its management notes. -- Kate MacArthur
Copyright August 2001, Crain Communications Inc.