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McDonald's Q4 Earnings Meet, Revenues Miss Estimates, Stock Up
ZACKS· 2025-02-10 16:06
McDonald's Corporation (MCD) reported fourth-quarter 2024 results, wherein earnings were in line with the Zacks Consensus Estimate but revenues missed the same. Both top and bottom lines decreased year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Despite reporting mixed results, the company’s shares are up nearly 3% in pre-market trading session as investor sentiment received a boost after its fourth-quarter 2024 international sales increased year over year.McDonald's cha ...
Compared to Estimates, McDonald's (MCD) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-02-10 15:31
For the quarter ended December 2024, McDonald's (MCD) reported revenue of $6.39 billion, down 0.3% over the same period last year. EPS came in at $2.83, compared to $2.95 in the year-ago quarter.The reported revenue represents a surprise of -1.16% over the Zacks Consensus Estimate of $6.46 billion. With the consensus EPS estimate being $2.83, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...
McDonald's Stock Pops on Surprise Same-Store Sales
Schaeffers Investment Research· 2025-02-10 14:18
Shares of McDonald's Corp (NYSE:MCD) are higher before the bell, last seen up $1.44 at $298.55. Driving this morning's surge is a surprising 0.4% jump in quarterly global same-sales, a large contrast to analysts' estimated 0.63% drop. For the fourth quarter, the fast food chain posted an adjusted earnings per share of $2.83, which was in line with estimates, while its $6.39 billion in revenue missed expectations.Today's climb will bring a welcome boost to both the equity's year-to-date and year-over-year re ...
McDonald's (MCD) Meets Q4 Earnings Estimates
ZACKS· 2025-02-10 14:10
McDonald's (MCD) came out with quarterly earnings of $2.83 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.95 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this world's biggest hamburger chain would post earnings of $3.18 per share when it actually produced earnings of $3.23, delivering a surprise of 1.57%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.McDonald's, wh ...
McDonald's Q4 Results Come Up Short as US Comparable Sales Decline
Investopedia· 2025-02-10 12:50
McDonald's (MCD) reported worse-than expected fourth-quarter results Monday morning as U.S. comparable sales declined. The fast-food giant reported adjusted earnings per share (EPS) of $2.83, below the $2.87 analysts expected, per Visible Alpha. McDonald's registered revenue of $6.39 billion, while analysts were looking for $6.46 billion. Comparable Sales Return to Global Growth But Decline in US McDonald's said Monday that global comparable sales rose 0.4%, better than the 0.41% drop analysts had expec ...
McDonald's(MCD) - 2024 Q4 - Annual Results
2025-02-10 12:02
Sales Performance - Global Systemwide sales exceeded $130 billion for the full year 2024, with growth of over $1 billion (more than $2 billion in constant currencies) [12] - Systemwide sales to loyalty members reached approximately $30 billion for the full year, with a 30% growth over the prior year [12] - 90-day active loyalty users were over 175 million across 60 loyalty markets, reflecting a growth of approximately 15% over the prior year [12] - Global comparable sales increased by 0.4% for the fourth quarter, with the U.S. segment decreasing by 1.4% [13] - Systemwide sales for the year ended December 31, 2024, increased by 1% to $120,933 million from $119,750 million in 2023 [71] - Franchised sales for the year ended December 31, 2024, increased by 2% to $30,603 million compared to $29,945 million in 2023 [71] Financial Results - Consolidated revenues for the fourth quarter were flat at $6.388 billion, while full year revenues increased by 2% to $25.920 billion [17] - Total revenues for the year ended December 31, 2024, were $25,920 million, an increase of 2% from $25,494 million in 2023 [36] - Net income for 2024 was $8,223 million, a decrease of 3% compared to $8,469 million in 2023 [36] - Diluted earnings per share for the fourth quarter remained flat at $2.80, with a full year diluted earnings per share of $11.39, a decrease of 1% [17] - For Q4 2024, net income decreased 1% to $2,017 million, with diluted earnings per share flat at $2.80, impacted by foreign currency translation which reduced EPS by $0.02 [56] - For the full year 2024, net income decreased 3% to $8,223 million, and diluted earnings per share decreased 1% to $11.39, with a negative impact of $0.06 from foreign currency translation [57] Costs and Expenses - Selling, general and administrative expenses increased by 1% to $2,858 million for the year ended December 31, 2024, compared to $2,817 million in 2023 [77] - The company experienced ongoing inflationary cost pressures impacting margins in both the U.S. and international operated markets [75] - Interest expense increased by 6% for the quarter and 11% for the year, driven by higher average interest rates and debt balances [86] - The Company incurred strategic charges related to restaurant closures and restructuring, including pre-tax charges of $74 million for Q4 2024 [58] Strategic Initiatives - The "Accelerating the Arches" growth strategy continues to be a focus for the company, aiming to enhance market share through value and innovation [11] - The company is focusing on its "Accelerating the Organization" strategy, which includes restructuring charges expected to continue until 2027 [48] - The company plans to continue investments in digital and technology transformation efforts to drive future growth [78] - The company is investing in technology and digital engagement to transform customer experience, including mobile ordering and payment systems [109] Market and Operational Challenges - The war in the Middle East has negatively impacted Systemwide sales and revenue, particularly in the International Developmental Licensed Markets & Corporate segment [51] - The competitive landscape remains intense, with competition from traditional and non-traditional players impacting market share and sales [110] - The company faces challenges in staffing, which can affect service speed and customer satisfaction, particularly in a competitive labor market [123] - Supply chain interruptions could lead to increased costs and affect the quality and availability of products, impacting overall operations [118] Future Outlook - The company expects capital expenditures for 2025 to be between $3.0 billion and $3.2 billion, primarily for new restaurant unit expansion [96] - The company anticipates a net restaurant unit expansion contributing slightly over 2% to 2025 Systemwide sales growth in constant currencies [96] - The company plans to open approximately 2,200 restaurants globally in 2025, with about 600 in the U.S. and International Operated Markets [96] Financial Health - Free cash flow is defined as cash provided by operations less capital expenditures, indicating the company's ability to convert net profits into cash resources [25] - Cash provided by operations totaled $9.4 billion in 2024, slightly down from 2023, with free cash flow at $6.7 billion, a decrease of $580 million or 8% [90] - The company’s cash and equivalents balance decreased to $1.1 billion at year-end 2024 from $4.6 billion in 2023 [93] Regulatory and Environmental Considerations - The company faces increasing regulatory and legal complexities that could materially affect operations and financial results, including compliance with food safety and marketing regulations [133] - The company is subject to scrutiny regarding environmental and social impact matters, which could affect consumer perceptions and business operations [149] - The company is working on initiatives related to climate action and sustainability, facing increased pressure for transparency and accountability in these areas [150] Risks and Uncertainties - Changes in tax laws and unanticipated tax liabilities could adversely impact profitability and financial results [138] - Fluctuations in commodity prices and labor costs could negatively affect the profitability of company-owned restaurants [146] - A decrease in credit ratings or increased funding costs could adversely affect profitability and operational flexibility [147] - Security incidents involving unauthorized access or breaches could lead to reputational damage and financial losses, including mitigation costs and reduced sales [131]
McDonald's Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-02-10 07:37
McDonald's Corporation MCD will release its fourth-quarter financial results, before the opening bell, on Monday, Feb. 10, 2025.Analysts expect the Chicago-based company to report quarterly earnings at $2.86 per share, down from $2.95 per share in the year-ago period. McDonald's projects quarterly revenue of $6.48 billion, compared to $6.41 billion a year earlier, according to data from Benzinga Pro.On Jan. 21, Cognizant Technology Solutions Inc. CTSH and McDonald’s have extended their partnership with a mu ...
McDonald's Discounts Could Hurt Profit. Watch the Earnings on Monday.
Barrons· 2025-02-09 21:00
McDonald’s Discounts Could Hurt Profit. Watch the Earnings on Monday. ...
Could McDonald's Be a Millionaire-Maker Stock?
The Motley Fool· 2025-02-08 23:23
The world's best-known hamburger chain isn't a top-of-mind name to most investors on the hunt for a big winner. Should it be?There's no denying McDonald's (MCD -0.02%) is the premier name of the fast-food industry. Not only is it the business's biggest hamburger chain (as measured by the number of locales and revenue), but its operation has become the gold standard for how the restaurant franchise business should be managed. That's why McDonald's stock is such a reliable winner.But a millionaire maker? That ...
McDonald's Chart Is Smiling Ahead Of Q4 Earnings: Is This The 'Big Mac' Moment?
Benzinga· 2025-02-07 17:18
McDonald’s Corp MCD will be reporting its fourth-quarter earnings on Monday. Wall Street expects $2.84 in EPS and $6.44 billion in revenues as the company reports before market hours.The stock is up 2.69% over the past year, 0.88% year-to-date.Let’s look at what the charts indicate for McDonald’s stock and how the stock currently maps against Wall Street estimates.Read Also: How To Earn $500 A Month From McDonald’s Stock Ahead Of Q4 EarningsMcDonald’s Stock: Bullish Trend As Q4 Earnings ApproachAs McDonald’ ...