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McDonald’s (MCD) Q4 2024 earnings

McDonald’s on monday I mentioned The disappointing quarterly revenue, which has retreating from sales weaker than expected in its American restaurants after the outbreak of E. Coli just weeks after this quarter.

But the shares of the company increased by approximately 5 %, as executive managers expected that sales would improve in 2025.

Here is what the company informed compared to what Wall Street expected, based on a survey of analysts by LSEG:

  • Arrow’s profits: 2.83 dollars amendment, and expectations of expectations
  • profit: 6.39 billion dollars for $ 6.44 billion expected

The net sales of approximately $ 6.39 billion were flat compared to the previous period of the year. The growth of the overall store sales of the 0.4 % company outperformed Wall Street’s expectations of 1 % decrease in store sales, according to Street Street estimates.

But the American American company McDonald reported a sharp decrease in its sales in the same store. The store’s sales in local restaurants of the company decreased by 1.4 % in the quarter; Wall Street expected the store’s sales of 0.6 %.

McDonald’s said that traffic was a little positive, but the customers spent less than usual during the quarter. During the summer, the series launched a 5 -dollar editing and narration meal to re -consciously return the prices and reflect slow sales. The strategy succeeded, as McDonald sales in the United States helped in the third quarter.

However, analysts warned that value meals do not work unless customers also add the menu elements that are not deducted to their requests. McDonald’s executive officials reduced these concerns on Monday, saying that the average checks in the 5 -dollar meal deal is more than $ 10.

The largest strike of US McDonald’s sales came in late October, when it linked the centers of diseases and prevention of the outbreak of E. Coli to a quarter of the Bergers. McDonald’s replaced the suppliers of the rampant onions, the element that was commenting as the potential perpetrator of the disease. In early December, the Disease Control Center announced that the disease outbreaks had officially ended.

However, in the days after the news of the outbreak of the disease, traffic in McDonald’s US restaurants fell sharply, especially in the affected states.

American sales struck Nader in early November, but began to rise again after that. In particular, the demand for a quarter of a quarter, the element of the main menu, which is famous with high margins, quickly decreased in the wake of the crisis.

Executive officials said McDonald’s expects to recover its American sales by the beginning of the second quarter.

“I now think what we see is that the E. coli effect is now translated in areas that have a greater effect,” CEO Chris Kimbesinski said in the company’s collective call. “So think about this as a kind of rocky mountain area, which was really the center of the case.”

The company hopes that the value deals, along with the main menu additives, will help fuel the recovery this year. In 2025, the burger chain plans to restore the famous snack rolls, which disappeared from the lists during the epidemic locks, and the introduction of a new chicken menu element.

Outside the United States, sales were stronger. McDonald’s international divisions have reported an increase in store sales, enhancing the general performance of the company.

The company’s licensed international markets sector, which includes the Middle East and Japan, has reached the growth of the stores itself by 4.1 %.

McDonald’s International Markets Department, which includes some of its largest markets, has reported 0.1 % sales of the store itself. The company said that most of the markets reported the increase in store sales, but the United Kingdom and some other markets witnessed the sales of the same stores in the quarter. One of the bright points was France, which witnessed that its sales itself became positive during the quarter after months of demand.

McDonald’s recorded the net income of the fourth quarter of $ 2.02 billion, or $ 2.80 per share, a decrease of $ 2.04 billion, or $ 2.80 per share, a year ago.

With the exception of the gains associated with selling its business in South Korea, the costs of transactions to buy its Israeli concession and other elements, McDonald’s received $ 2.83 per share.

Financial Director Ian Borden said that he is looking forward to 2025, which is expected that the first quarter is the low point of McDonald’s sales in the same store, noting a weak start for this year in the United States, among other factors. Winter storms and California forest fires weighing restaurants throughout the industry in January.

For the whole year, McDonald’s plans to open nearly 2,200 restaurants. It will be about a quarter of these sites in the United States and the international markets. The rest will be in the internationally licensed international markets, including about 1,000 new restaurants in China.

Including its investments at the opening of restaurants, McDonald’s plans to spend between $ 3 billion and $ 3.2 billion this year on capital expenditures.

The company also raises the opposite winds of 20 cents to 30 cents per share to its profits for the entire year due to foreign exchange rates.

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2025-02-10 21:25:00

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