earnings
confidence high
sentiment negative
materiality 0.80
McDonald's Q2 comp sales -1%; EPS $2.80, down 11% YoY
MCDONALDS CORP
2024-Q2 EPS reported
$5.46
revenue$12,659,000,000
- Global comparable sales fell 1.0% with negative results in all segments (U.S. -0.7%, IOM -1.1%, IDL -1.3%).
- Consolidated revenues nearly flat at $6.49B; operating income down 6% to $2.92B.
- Diluted EPS $2.80 vs $3.15 prior year; adjusted EPS $2.97, down 6% (excl. $97M impairment and $57M restructuring).
- Negative impact from Middle East conflict and China; positive from Latin America and Japan.
- Systemwide sales to loyalty members reached ~$26B trailing twelve months; ~$7B in Q2.