McDonald's Q3 2023 Earnings Report
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.
McDonald's
McDonald's
McDonald's Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income