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These Are The Ten Most Profitable Companies In Illinois


These Are The Ten Most Profitable Companies In Illinois
Illinois is among the top five U.S. states in terms of GDP size and is one of the most diversified economies. As can be expected, the economy of Chica.
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This story originally appeared on ValueWalk
Illinois is among the top five U.S. states in terms of GDP size and is one of the most diversified economies. As can be expected, the economy of Chicago contributes immensely to Illinois’ GDP, making the state a global financial center and headquarters of many big financial institutions. The state is also home to the largest futures exchange in the world, the Chicago Mercantile Exchange. Let’s take a look at the ten most profitable companies in Illinois. ....

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McDonald's Q4 Profit Rises 39%, Tops Estimates


McDonald s Q4 Profit Rises 39%, Tops Estimates
OAK BROOK (dpa-AFX) - Fast-food giant McDonald s Corp. (MCD) reported Thursday a profit for the first quarter that increased 39 percent from last year, reflecting stronger operating performance in the U.S. due to higher sales-driven restaurant margins. Global comparable sales also grew 7.5 percent. Adjusted earnings per share topped analysts expectations, while quarterly revenues missed it.
Our first quarter 2021 global comparable sales and revenues surpassed first quarter 2019 levels, even as resurgences and operating restrictions persist in many parts of the world, said McDonald s President and CEO Chris Kempczinski.
For the first quarter, the company reported net income of $1.54 billion or $2.05 per share, up 39 percent from $1.11 billion or $1.47 per share in the prior-year quarter. ....

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McDonald's Q4 was brand's strongest of 2020


Photo: File
Jan. 29, 2021
In its fourth quarter, ending Dec. 31, 2020, McDonald s delivered its strongest financial performance of the extraordinary year of 2020, when the brand said it was able to recover almost 99% of Q4 2019 global comp sales, according to the Chicago-based QSR s latest financial report.
Fourth-quarter U.S. comparable sales were 5.5% and 0.4% for the year, marking six consecutive years of positive comparable sales.
2020 will be remembered as one of McDonald s most challenging, yet inspiring, moments in our long history, Chris Kempczinski, McDonald s president and CEO, said in the release. The resilience of the McDonald s System was on display making safety and service a priority, putting our customers and people first, and running great restaurants ....

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