McDonald’s Corporation ( (MCD) ) has released its Q4 earnings. Here is a breakdown of the information McDonald’s Corporation presented to its investors.
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McDonald’s Corporation, the world’s leading global foodservice retailer with over 43,000 locations worldwide, operates primarily through franchised and company-owned restaurants, serving millions of customers across over 100 countries.
In its latest earnings report, McDonald’s Corporation revealed that its global systemwide sales surpassed $130 billion for the full year 2024, marking a growth of over $1 billion from the previous year. The company’s loyalty program saw a significant increase, with sales to loyalty members reaching approximately $30 billion for the year, demonstrating a growth of 30% compared to the prior year.
Key financial highlights for the fourth quarter include a modest 0.4% increase in global comparable sales, though the U.S. segment experienced a slight decline of 1.4%. The International Developmental Licensed Markets segment showed strong performance with a 4.1% increase. Consolidated revenues remained flat, while systemwide sales saw a 2% increase. Operating income rose by 2%, although diluted earnings per share remained flat at $2.80. For the full year, consolidated revenues increased by 2%, while earnings per share saw a slight decrease of 1% to $11.39.
Despite facing challenges in certain markets, McDonald’s continues to focus on its ‘Accelerating the Arches’ strategy, emphasizing market share growth through customer value, menu innovation, and culturally relevant marketing. The company also undertook restructuring efforts, reflected in the pre-tax charges of $221 million for the year.
Looking ahead, McDonald’s management remains optimistic about its strategic direction, aiming to enhance customer experiences and drive growth through innovative marketing strategies and a commitment to its core business strengths.
