By Paulo Trevisani

 

McDonald's Corp. said Wednesday that currency translations increased earnings in the second quarter.

The Oak Brook, Ill. fast-food chain reported adjusted earnings of $2.37 a share, a substantial improvement from 66 cents a share in the second quarter of 2020. It said the conversion of foreign currency benefited EPS by 13 cents for the quarter.

McDonald's also reported first-half EPS of $4.29, up from $2.13 a year earlier, and said that currency translations contributed 19 cents to the result.

 

Write to Paulo Trevisani at paulo.trevisani@wsj.com

 

(END) Dow Jones Newswires

July 28, 2021 16:46 ET (20:46 GMT)

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