McDonald's says all-day breakfast is still driving sales growth

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Biz Carson/Business Insider

McDonald's just posted its fourth straight quarter of same-store sales increases after more than two years of declines.

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The company's global same-store sales grew 3.1% in the second quarter, and revenue came in at $6.27 billion.

In the US, same-store sales grew 1.8%.

McDonald's said its growth in the US was largely driven by the all-day breakfast menu and the chain's McPick 2 promotion.

"At McDonald's, we are focused on meeting our customers' needs for high quality, affordable food and beverage choices," McDonald's President and Chief Executive Officer Steve Easterbrook said in a release. "Our second quarter performance, which marks our fourth consecutive quarter of positive comparable sales across all business segments, provides a clear indication that customers are responding to the steps we're taking to deliver the menu and value options they want at the convenience of McDonald's."

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The company reported earnings per share of $1.45, $0.06 better than the analyst estimate of $1.39.