- McDonald's press release ( NYSE: MCD ): Q4 Non-GAAP EPS of $2.59 beats by $0.13 .
- Revenue of $5.93B (-1.2% Y/Y) beats by $180M .
- Global comparable sales increased 12.6% for the quarter, with double-digit growth across all segments.
- Digital Systemwide sales in our top six markets were over $7 billion for the quarter, representing more than 35% of their Systemwide sales.
- Full year comparable sales grew over 10%, and comparable guest counts grew 5%
- Systemwide sales increased 5%.
- CEO comment: "While we expect short-term inflationary pressures to continue in 2023, we remain highly confident in Accelerating the Arches, which now includes a greater emphasis on new restaurant openings. The recently announced Accelerating the Organization initiative will complement this strategy to enable the McDonald's System to be faster, more innovative, and more efficient. We're proud of our continued strong performance, but we're not satisfied. That's the hallmark of McDonald's."
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McDonald's Non-GAAP EPS of $2.59 beats by $0.13, revenue of $5.93B beats by $180M