2023-07-27 07:03:08 ET
- McDonald's press release ( NYSE: MCD ): Q2 Non-GAAP EPS of $3.17 beats by $0.38 .
- Revenue of $6.5B (+13.6% Y/Y) beats by $210M .
- Global comparable sales increased 11.7% for the quarter, with double-digit growth across each segment.
- Systemwide sales increased 12%.
- "Our second quarter results reflect consistently strong execution of our Accelerating the Arches strategy, with global comparable sales growth of 11.7% and double-digit comparable sales growth across each of our segments," said McDonald's President and Chief Executive Officer, Chris Kempczinski. "The McDonald's brand has never been stronger and I remain inspired by the ability of the McDonald's System to create cultural conversations and develop industry-leading innovations. While global macroeconomic challenges persist, we continue to invest in our growth drivers and our brand to meet the customer needs of tomorrow."
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McDonald's Non-GAAP EPS of $3.17 beats by $0.38, revenue of $6.5B beats by $210M