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Sep 30, 2020
McDonald's Q3 2020 Earnings Report
McDonald's system demonstrated resilience, driven by digital, delivery, and drive-thru, which led to global comparable sales recovery.
Key Takeaways
McDonald's Corporation announced results for the third quarter ended September 30, 2020. Global comparable sales declined 2.2%. Diluted earnings per share of $2.35 increased 11%; excluding strategic gains, diluted earnings per share of $2.22 increased 5%.
Global comparable sales declined 2.2%.
Consolidated revenues decreased 2%.
Consolidated operating income increased 5%.
Diluted earnings per share of $2.35 increased 11%; excluding strategic gains, diluted earnings per share of $2.22 increased 5%
McDonald's
McDonald's
Forward Guidance
The Company expects some restrictions in various markets so long as the COVID-19 pandemic continues.