McDonalds Fourth Quarter Report: With 2023 Full-year Earnings
McDonald’s recently updated and reported its Fourth Quarter result on Feb 2024, in McDonalds Fourth Quarter Report mentioned all the sales and earnings in the Fourth Quarter of the year and of the Full 2023 Year. Chris Kempczinski the McDonald’s President and CEO said recently “The global comparable sales growth of 9% for the year is the assumption to the immense dedication of the McDonald’s System.” He also declared that by creating and emphasizing the new way we can work across the System, and we remain confident in the resilience of our business challenges that will persist in 2024.”
All the information about these reports covers all the Terms that apply to them, constant currency, comparable sales and comparable guest counts, systemwide sales, and Free cash flow. The broadcast earnings conference call live on the Internet at 7:30 a.m. by McDonald’s Corporation on February 5, 2024. An archived webcast will also be provided for a limited time.
McDonalds Fourth Quarter Report:
If we compare Global Sales, the increased sales is 9.0% which is a positive comparable sale.
| Global Sales performance | Increased 3.4% |
| U.S performance (Increased 4.3%)International Operated Market Segment performance (Increased 4.4%)International Developmental Licensed Market Segments performance (Increased by 0.7%) | |
| Consolidated Revenu performance | Increased 8% |
| System-wide Sale performance | Increased 6% |
| Consolidated operating income | Increased 8% |
| Diluted earnings per share | Increased 8% |
Full Year Financial Report:
| Global Sales performance | Increased 9.0% |
| U.S performanceIncreased 8.7%International Operated Market Segments performanceIncreased 9.2%International Developmental Licensed Market Segments performanceIncreased 9.4% | |
| Consolidated Revenu performance | Increased 10% |
| System-wide Sale performance | Increased 10% |
| Consolidated operating income | Increased 24% |
| Diluted earnings per share | Increased 39% |
Comparison between 2022 and 2023 Results
The comparable percentage of 2022 and 2023 for revenues, Operating Income, Net Income, and Earnings per share diluted, the different results appear for the Quarter-Ended and Year-Ended reports
Quarter-Ended December 3, 2023
Revenues: Compared to 2022, 8% increased in 2023
Operating Income: Compared to 2022, operating income is 8 in 2023
Net Income: Compared to 2022, Net income is 7
Earning Per Share Diluted: Compared to 2022, 8% increased in 2023
Year-Ended December 31, 2023
Revenues: Compared to 2022, 10% increased in 2023
Operating Income: Compared to 2022, operating income is 24 in 2023
Net Income: Compared to 2022, Net income is 37
Earning Per Share Diluted: Compared to 2022, 39% increase in 2023
The Breakdown Faced:
McDonald’s reported in the Fourth Quarter, compared performance with expectations of Wall Street.
| Terms | Obtained | Expected |
| Revenue | $6.41 | $6.45 |
| Adjusted EPS | $2.95 | $2.82 |
| US Same Store sales growth | 4.3% | 4.45% |
| Global Same Store sales growth | 3.4% | 4.79% |
| International Operated Markets Same Store sales growth | 4.4% | 5.03% |
| International Developed License Markets Same Store sales growth | 0.7% | 5.06% |
McDonald’s reported for the year 2023, compared to expectations of Wall Street
| Terms | Obtained | Expected |
| Revenue | $25.49 | $25.53 |
| Adjusted EPS | $11.94 | $11.78 |
| US Same Store sales growth | 8.7% | 8.81% |
| Global Same Store sales growth | 9.0% | 9.41% |
| International Operated Markets Same Store sales growth | 9.2% | 9.53% |
| International Developed License Markets Same Store sales growth | 9.4% | 10.51% |
Even McDonald’s loyalty program can usually prove to be the best key to their performance. In the Fourth Quarter, loyalty members show a performance of $6 billion in sales across the 50 markets and more than $20 billion across the year 2023, a 45% goes from 2022
