McDonald’s beats Q3 estimates
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Contributor since / Followers
Contributor since / Followers
4 weeks ago
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McDonald’s press release (NYSE:MCD): Q3 Non-GAAP EPS of $3.23 beats by $0.03.
- Revenue of $6.87B (+2.7% Y/Y) beats by $50M.
- Global comparable sales decreased 1.5%:
- U.S. increased 0.3%
- International Operated Markets segment decreased 2.1%
- International Developmental Licensed Markets segment decreased 3.5%
- Consolidated revenues increased 3% (2% in constant currencies).
- Systemwide sales were flat (flat in constant currencies).
- Systemwide sales* to loyalty members across approximately 50 loyalty markets were over $28 billion for the trailing twelve-month period and nearly $8 billion for the quarter