McDonald’s posted a 2.9 per cent fall in revenue to $6.42 billion for the third quarter (Q3), compared to a year earlier, beating S&P Global Market Intelligence expectations of $6.28 billion as the company seeks to solidify gains from its all-day breakfast push, a report said.

Net income fell 2.6 per cent to $1.28 billion but edged expectations of $1.26 billion, added the USA Today report,highlighting that on a per share basis, diluted earnings were $1.50.
https://www.usatoday.com/story/money/2016/10/21/mcdonalds-third-quarter-earnings/92507334/

Sales at stores open at least a year throughout the world rose 3.5 per cent, with US stores posting a 1.3 per cent gain.

The company attributed the improvements to its new all-day breakfast push, which is expanding with additional items, as well as a new value-oriented deal called McPick 2 and Chicken McNuggets with no artificial preservatives, the report said.

"We are putting the customer at the center of everything we do and are directing our resources towards those innovations and investments that will strengthen our ability to deliver a better McDonald's experience over time," McDonald's CEO Steve Easterbrook was quoted as saying in the report.

 "Looking ahead, we are focused on growing global comparable sales and serving more customers while being mindful of the near-term challenges in several markets,” he added.