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Dec 31, 2021
McDonald's Q4 2021 Earnings Report
McDonald's reported strong Q4 2021 results, driven by global comparable sales growth and strategic menu price increases.
Key Takeaways
McDonald's Corporation announced positive results for the fourth quarter and year ended December 31, 2021. Global comparable sales increased by 12.3%, and consolidated revenues increased by 13%. Diluted earnings per share was $2.18, an increase of 18%.
Global comparable sales increased 12.3% (10.8% on a 2-year basis), with positive comparable sales across all segments.
U.S. comparable sales increased 7.5% (13.4% on a 2-year basis), benefiting from strategic menu price increases and strong menu and marketing promotions.
International Operated Markets segment increased 16.8% (8.2% on a 2-year basis), driven by strong operating performance and fewer restaurant closures.
International Developmental Licensed Markets segment increased 14.2% (10.1% on a 2-year basis), with strong comparable sales across the segment, partly offset by negative comparable sales in China.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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