McDonald’s Shares Jump As Fourth-quarter Comparable Sales Exceed Estimates
11 Fevereiro 2025 - 7:15AM
IH Market News
Fast food giant McDonald (NYSE:MCD) saw its shares rise 4.9% on
Monday after its results showed comparable sales topped average
analysts estimates for the fourth quarter. The company’s
international licensed markets business was boosted by strength in
the Middle East and Japan.
In the quarter ending December 31, global sales increased by
0.4%. This was down from 3.4% in the same period a year ago, due to
the weaker demand in the U.S. But it was better than analysts’
expectations for a decline of 0.93%.
Same-store sales at its international developmental licensed
markets climbed by 4.1%, surpassing growth of 0.7% a year ago and
projections for a drop of 0.38%. Performance at the segment was led
by the Middle East and Japan, McDonald’s noted.
Group-wide, revenue for the fourth quarter slipped by 0.3%
year-on-year to $6.39 billion, compared with expectations of $6.45
billion. Operating income edged up by 2.4% to $2.87 billion.
For the full year, operating profit increased by 1% to $11.71
billion despite McDonald’s booking a pre-tax expense of $221
million related to restructuring charges.
CEO Chris Kempczinski said in a statement that the business is
focused on providing “outstanding value” and “exciting menu
innovation.”
McDonald’s has been pushing to address a dent to guest count and
sales sparked by an E. coli outbreak last year that infected
dozens of people and killed at least one person, according to the
Centers for Disease Control and Prevention (CDC).
Kempczinski has apologized for the outbreak, adding that he was
“confident” in the safety of the group’s food. Executives have also
said they are moving to ”restor[e] consumer confidence” and
get its U.S. business back to showing “strong momentum.”
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