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Mar 31, 2022

McDonald's Q1 2022 Earnings Report

McDonald's Q1 2022 earnings reflected an increasingly complex and uncertain operating environment.

Key Takeaways

McDonald's Corporation announced strong first-quarter results, with global comparable sales increasing by nearly 12%. Despite challenges from the Russia-Ukraine military conflict, the company saw growth across all segments, driven by strategic menu price increases, strong marketing, and digital channel growth.

Global comparable sales increased nearly 12%, reflecting broad-based momentum across all segments.

Digital Systemwide sales exceeded $5 billion, representing over 30% of total Systemwide sales in the Company's top six markets.

U.S. comparable sales increased 3.5%, driven by strategic menu price increases and growth in digital channels.

International Operated Markets segment increased 20.4%, driven by strong comparable sales in France and the U.K.

Total Revenue
$5.67B
Previous year: $5.13B
+10.6%
EPS
$2.28
Previous year: $1.92
+18.7%
Global Comp Sales Growth
11.8%
Previous year: 7.5%
+57.3%
Gross Profit
$3.05B
Previous year: $2.67B
+14.3%
Cash and Equivalents
$2.34B
Previous year: $3.02B
-22.7%
Free Cash Flow
$1.73B
Previous year: $1.76B
-1.3%
Total Assets
$50.9B
Previous year: $51.1B
-0.4%

McDonald's

McDonald's

McDonald's Revenue by Segment

Forward Guidance

This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof.

Revenue & Expenses

Visualization of income flow from segment revenue to net income