McDonald's MCD reported a rise in its second-quarter profit.
McDonald's quarterly profit climbed to $1.4 billion, or $1.38 per share, versus $1.35 billion, or $1.32 per share, in the year-ago period.
Its sales increased 2% to $7.08 billion from $6.92 billion. However, analysts were estimating earnings of $1.40 per share on sales of $7.08 billion.
McDonald's global same-store sales climbed 1% in the quarter.
McDonald's shares dropped 2.59% to $97.67 in pre-market trading.
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