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Mar 31, 2021

McDonald's Q1 2021 Earnings Report

Global comparable sales and revenues surpassed 2019 levels, driven by the U.S.

Key Takeaways

McDonald's Corporation announced strong first-quarter results, with global comparable sales increasing by 7.5% and diluted earnings per share rising by 39%. The company's performance exceeded pre-pandemic levels, driven by growth in the U.S. and supported by strong menu offerings and digital platforms.

Global comparable sales increased 7.5%, with growth across all segments.

U.S. comparable sales increased 13.6%, driven by average check growth and strong menu offerings.

Consolidated revenues increased 9%, reflecting positive performance across all segments.

Diluted earnings per share increased 39% to $2.05, or $1.92 excluding strategic gains.

Total Revenue
$5.13B
Previous year: $4.71B
+8.7%
EPS
$1.92
Previous year: $1.47
+30.6%
Global Comp Sales Growth
7.5%
Previous year: -3.4%
-320.6%
Gross Profit
$2.67B
Previous year: $2.34B
+13.9%
Cash and Equivalents
$3.02B
Previous year: $5.38B
-43.9%
Free Cash Flow
$1.76B
Previous year: $1.06B
+65.0%
Total Assets
$51.1B
Previous year: $50.6B
+1.1%

McDonald's

McDonald's

McDonald's Revenue by Segment

Forward Guidance

The Company expects some restrictions in various markets so long as the COVID-19 pandemic continues.

Revenue & Expenses

Visualization of income flow from segment revenue to net income