McDonald's US sales just rose for the first time in 2 years

Before you go, we thought you'd like these...
MCD Beats on Top and Bottom Line

McDonald's US sales just rose for the first quarter in two years.

On Thursday morning, the company reported third-quarter earnings results that topped analysts' forecasts.

SEE ALSO: Officials: Ronald McDonald statue burned, decapitated

Same-store sales – at locations open for at least one year – rose 0.9% in the US; analysts had expected a decline. Worldwide same-store sales increased 4%.

McDonald's is coming out of at least seven straight quarters of same-store sales declines in the US. It implemented a turnaround strategy that included customizable burgers and all-day breakfast. The company said the new crispy buttermilk chicken sandwich and breakfast lifted US sales.

"I am encouraged by our operating performance for the quarter, with positive comparable sales across all segments, including the U.S., as well as sales recovery in China following the prior year supplier issue," said CEO Steve Easterbrook in the statement.

The company beat on adjusted earnings per share by 12 cents, posting $1.40 for the third quarter. It took a 17-cent hit from the strong dollar, which diminished its overseas earnings when translated. Revenues fell 9% to $6.6 billion.

Shares rose by as much as 6% to an all-time high in premarket trading. They have rallied 12% over the past year.

Screen Shot 2015 10 22 at 8.06.26 AM

Google

RELATED: Click through to see secret menu items from McDonald's and other fast food restaurants

16 PHOTOS
Secret fast food menu items
See Gallery
McDonald's US sales just rose for the first time in 2 years
"Mc10:35" from McDonald's 
"Apple Pie McFlurry" from McDonald's

“Animal Style” Burger/Fries from In-N-Out

Starbucks' "Butterbeer Frappuccino"

Burger King's "Rodeo Burger"

A triple-layered drink from Starbucks

McDonald's' "McGangBang Sandwich"
Starbucks' "Nutella Frappuccino"
Chipotle's "Quesarito"
"Green Tea and Cotton Candy Frappés" from Starbucks
Dairy Queen's "Arctic Rush Float"
“Grand Slam" from Wendy's
"Neapolitan Milkshake" from McDonald's

"Thin Mint Frappuccino" from Starbucks

Subway's "Pizza Sub"
of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

More from Business Insider:
We tried the technology that's going to change McDonald's forever
Here's the No. 1 sign you're secretly the boss's favorite
Pharma-giant Valeant accused of fraud, denies it -- stock still craters

Read Full Story

People are Reading