McDonald’s has announced that it has concluded the fourth quarter
with net income of $1.9 billion, or $2.59 per share, up from $1.64 billion, or $2.18 per share, in the prior year period.
Earnings per share beat consensus expectations of $2.45.
McDonald’s revenue was $5.93 billion, down 1% year over year, better than an estimated $5.68 billion. The same turnover rose by 5% excluding changes in exchange rates.
Globally, the comparative sales of the American giant
they rose 12.6% in the fourth quarter on the back of strong sales in US stores.
In the USA, the growth of comparative sales was in fact equal to +10.3%, beyond the +8.1% expected by the analysts interviewed by StreetAccount.
McDonald’s traffic has increased, as many Americans, tormented by inflation anxiety, have decided to opt more for fast food chains than restaurants.