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For the full fiscal year, sales in the US jumped 8.7%. In its internationally operated markets, Q4 same-store sales increased 4.4%, down from the 12.6% growth McDonald's saw a year ago.
The company reported global same-store sales rose 11.7%, more than the 9.4% expected by analysts. US same-store sales rose 10.3%, more than the 9.1% forecast by Wall Street.
Adjusted earnings per share is up 2% to $2.70, below expectations of $2.72. Global same-store sales growth was 1.9% year over year, compared to the 2.33% jump that Wall Street was hoping for.
Same-store sales in McDonald's international markets also rose 12.6% during the quarter. A car goes through the drive-thru at a McDonald's restaurant on April 03, 2023 in San Pablo, California.
McDonald's revenue rose 14% to $6.69 billion, ahead of the $6.56 billion Wall Street forecast. McDonald's net income — which included a $26 million charge for a restructuring announced last ...
McDonald's beat expectations for its third quarter results as the burger chain continues to investigate an E. coli outbreak.On Tuesday morning, the company posted revenue of $6.87 billion, up 3% ...
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McDonald's (MCD), the world's largest hamburger chain, said global comparable sales grew 6.5% in October on strong performance of some local and value-menu items, as well as new offerings and ...
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