McDonald’s rebounds with strong 2Q

McDonald’s posted better-than-expected sales in the second quarter as dining rooms reopened and new chicken sandwiches generated customer traffic.

Revenue jumped 57% to nearly $5.9 billion in the April-June period. That beat Wall Street’s forecast of $5.6 billion, FactSet said.

The Chicago burger giant had a net income of $2.2 billion for the second quarter. Adjusted for onetime items, the company earned $2.37 per share and well above the $2.11 Wall Street had forecast.