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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%

Total Revenue
$5.42B
Previous year: $5.43B
-0.2%
EPS
$2.22
Previous year: $2.11
+5.2%
Global Comp Sales Growth
-2.2%
Previous year: 5.9%
-137.3%
Gross Profit
$2.9B
Previous year: $2.9B
+0.0%
Cash and Equivalents
$3.68B
Previous year: $1.18B
+212.9%
Free Cash Flow
$2.55B
Previous year: $1.74B
+46.7%
Total Assets
$50.7B
Previous year: $45.8B
+10.7%

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