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Sep 30, 2022

McDonald's Q3 2022 Earnings Report

McDonald's demonstrated broad-based business momentum as global comparable sales increased.

Key Takeaways

McDonald's Q3 2022 performance showcased strong business momentum with a global comparable sales increase of nearly 10%. The company's Accelerating the Arches strategy and the efforts of franchisees were highlighted as key factors in navigating the evolving macroeconomic landscape.

Global comparable sales increased nearly 10%, with growth across all segments.

U.S. comparable sales increased more than 6%, marking the ninth consecutive quarter of comparable sales growth.

Digital Systemwide sales in the top six markets were nearly $7 billion, representing over a third of total Systemwide sales in those markets.

Consolidated revenues decreased 5% (increased 2% in constant currencies).

Total Revenue
$5.87B
Previous year: $6.2B
-5.3%
EPS
$2.68
Previous year: $2.76
-2.9%
Global Comp Sales Growth
9.5%
Previous year: 12.7%
-25.2%
Gross Profit
$3.45B
Previous year: $3.43B
+0.4%
Cash and Equivalents
$2.83B
Previous year: $4.31B
-34.3%
Free Cash Flow
$1.9B
Previous year: $2.12B
-10.1%
Total Assets
$48.5B
Previous year: $52.7B
-8.0%

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. These forward-looking statements involve a number of risks and uncertainties.

Revenue & Expenses

Visualization of income flow from segment revenue to net income