earnings
confidence high
sentiment positive
materiality 0.75
McDonald's Q2 2022: Global comps +9.7%, adj. EPS $2.55 (+8%), Russia exit weighs on GAAP
MCDONALDS CORP
2022-Q2 EPS reported
$3.08
revenue$11,384,000,000
- Global comparable sales increased 9.7%; U.S. +3.7%, Int'l Operated +13.0%, Int'l Developmental Licensed +16.0%.
- GAAP diluted EPS $1.60 (down 46% YoY) includes $1.2B charges for Russia sale and $271M Dynamic Yield gain.
- Adjusted diluted EPS $2.55 (up 8% YoY, 14% in constant currencies), excluding Russia charges and France tax settlement.
- Consolidated revenues $5.7B, down 3% reported (up 3% constant currency); digital Systemwide sales exceeded $6B in top 6 markets.
- Operating income down 36% (30% constant currency); adjusted operating income flat (up 7% constant currency).