MCD - McDonald's Price Hike Serves Up Tasty Margins in Q3 Earnings Feast! | Benzinga
McDonald's Corp (NYSE: MCD) reported third-quarter FY23 sales growth of 14% year-on-year to $6.692 billion, beating the analyst consensus estimate of $6.577 billion.
Global comparable sales rose 8.8%, reflecting strong growth across each segment.
U.S. Comparable sales rose 8.1%, benefiting from strong average check growth driven by strategic menu price increases.
Sales by company-operated restaurants increased 20.3% Y/Y to $2.56 billion, while sales from franchised restaurants rose 10.2% to $4.05 billion.
Digital Systemwide sales in the ...