McDonald's (MCD) Tops Q1 EPS by 24c; U.S. Comps Rise 13.6%
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EPS Growth %: +5.0%
Financial Fact:
Revenues from franchised restaurants: 2.45B
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McDonald's (NYSE: MCD) reported Q1 EPS of $2.05, $0.24 better than the analyst estimate of $1.81. Revenue for the quarter came in at $5.12 billion versus the consensus estimate of $5.03 billion.
Global comparable sales increased 7.5%, reflecting positive comparable sales across all segments: 13.6% in the U.S.; 0.6% in the International Operated segment; and 6.4% in the International Developmental Licensed segment.
"Our first quarter 2021 global comparable sales and revenues surpassed first quarter 2019 levels, even as resurgences and operating restrictions persist in many parts of the world. I continue to be inspired by the resilience of our crew members, franchisees, suppliers, and company employees as we lead with our values and stay true to our purpose of feeding and fostering communities,\" said McDonald\'s President and Chief Executive Officer Chris Kempczinski. \"Our teams around the world are focused on executing our Accelerating the Arches strategy at the highest level - we\'re maximizing our marketing in a culturally relevant way, committed to the great tasting customer favorites on our core menu and doubling-down on digital, delivery and drive thru to create a faster and easier customer experience
For earnings history and earnings-related data on McDonald's (MCD) click here.
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