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00:02McDonald's reported quarterly earnings and revenue above analyst expectations
00:06as U.S. customers increased spending at its restaurants, according to CNBC.
00:11The restaurant chain reported adjusted earnings of $2.83 per share on $6.52 billion in revenue,
00:20surpassing analyst expectations of $2.74 per share and $6.47 billion.
00:27Same-store sales increased 3.8% in the quarter,
00:31roughly matching Wall Street estimates of 3.7%, according to Street Account.
00:36McDonald's continued focusing on value offerings for budget-conscious customers
00:40while also using marketing campaigns and premium menu items to attract diners.
00:45The company launched tie-in meals linked to the Super Mario Galaxy movie
00:50and K-pop Demon Hunters
00:52and introduced the limited-time Big Arch Burger in the U.S.
00:56as a higher-priced premium option.
00:58Shares climbed more than 3% in pre-market trading.
01:01For all things money, visit Benzinga.com.
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