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McDonald's earnings drop 68%

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McDonald's reported second quarter net income of $483.8 million, a 68% drop from the same time last year.

Revenue fell 30.5% to roughly $3.8 billion. Still, that beat estimates of $3.7 billion.

"Our strong drive-thru presence and the investments we've made in delivery and digital over the past few years have served us well through these uncertain times," CEO Chris Kempczinski said.

Read more from Reuters.

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