McDonald's Q3 2023 Earnings Report

McDonald's reported strong Q3 2023 results with global Systemwide sales growth and comparable sales increases across all segments.

Key Takeaways

McDonald's Corporation announced strong third-quarter results, with global Systemwide sales increasing by 11% and global comparable sales rising by nearly 9%. The company's performance reflects its industry leadership position and the successful execution of its Accelerating the Arches strategy. Diluted earnings per share increased by 18% to $3.17.

Global Systemwide sales increased 11% for the quarter, driven by strong growth across all segments.

Global comparable sales increased 8.8%, with positive contributions from all segments.

Digital Systemwide sales in the top six markets reached nearly $9 billion, representing over 40% of their Systemwide sales.

Diluted earnings per share increased 18% to $3.17.

Total Revenue

$6.69B

Previous year: $5.87B