McDonald's Q4 2019 Earnings Report
Key Takeaways
McDonald's Corporation reported Q4 2019 results, with consolidated revenues increasing by 4% and diluted earnings per share increasing by 14%. The results reflected stronger operating performance due to an increase in sales-driven franchised margin dollars, partly offset by higher G&A spend.
Global comparable sales grew by 5.9%, with increases in the International Operated segment, the U.S., and the International Developmental Licensed segment.
Consolidated revenues increased by 4% (4% in constant currencies).
Consolidated operating income increased by 15% (16% in constant currencies), reflecting $140 million of prior year impairment charges.
Diluted earnings per share of $2.08 increased 14% (15% in constant currencies), including $0.11 per share of income tax benefit.
McDonald's
McDonald's
McDonald's Revenue by Segment
Forward Guidance
McDonald's will continue to deliver delicious food and optimize our investments as we further transform the experience for our customers through added convenience and digital engagement.
Revenue & Expenses
Visualization of income flow from segment revenue to net income