Consumer Discretionary
Restaurants
$212.19B
150K
Key insights and themes extracted from this filing
Consolidated revenues were flat for the quarter, but increased 1% in constant currencies, indicating some underlying growth offset by currency headwinds. For the six months, revenue increased 2% (also 2% in constant currency).
Consolidated operating income decreased 6% for the quarter (5% in constant currencies), while remaining flat for the six months (increased 1% in constant currencies). This suggests margin pressures in the short term.
Diluted earnings per share decreased 11% for the quarter (10% in constant currencies), but only 2% for the six months (also 2% in constant currencies), suggesting a more significant impact in the short term.