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Jun 30, 2021
McDonald's Q2 2021 Earnings Report
McDonald's reported strong Q2 2021 results with significant growth in global comparable sales and revenue.
Key Takeaways
McDonald's Corporation announced strong second-quarter results, with global comparable sales increasing by 40.5% and consolidated revenues up by 57% to $5,888 million. The company's performance reflects broad-based business momentum and strength across all segments, driven by digital leadership and customer-focused initiatives.
Global comparable sales increased by 40.5% in the second quarter, reflecting sequential acceleration and broad-based business momentum.
Comparable sales increased across all segments on a 2-year basis.
Year-to-date Systemwide sales from digital channels across top 6 markets were nearly $8 billion, a 70% increase versus the prior year.
Consolidated revenues increased 57% to $5,888 million.
McDonald's
McDonald's
Forward Guidance
The company expects some operating restrictions in various markets as long as the COVID-19 pandemic continues.
Challenges Ahead
- COVID-19 resurgences throughout the quarter and six months have resulted in instances of government restrictions on restaurant operating hours.
- Limited dine-in capacity.
- In some cases, dining room closures.
- Expects some operating restrictions in various markets so long as the COVID-19 pandemic continues.