McDonald’s (MCD) Q4 2024 Earnings

McDonald’s Monday declare The quarterly revenue comes with the weaker sales than expected in US restaurants after an E. Coli accident.

The company’s shares fell to less than 1% in premarket trade.

According to the request of the analysts by LSEG, what Wall Street was what the company said:

• Earn on a share: $ 2.83 adjustable, meeting expectations
• Revenue: $ 6,44 billion is expected to $ 6.39 billion

The fast food giant, the fourth quarter of net income, $ 2.02 billion or $ 2.80 per share, $ 2.80 per share, $ 2.80 per share or $ 2.80 per share or $ 2.80 per share.

Except for the sale of South Korean business, the operating expenses for the purchase of Israeli franchise and other items, McDonald’s earned $ 2.83 per share.

The net sales of the $ 6.39 billion was nearly flat.

The sale growth of the same store of the company’s total store is 0.4% removed from Wall Street, reduces the sale expectations of the same store by 1%.

However, McDonald’s business of the United States was a further expected drop in the same store. The same store sales in the company’s domestic restaurants fell by 1.4% in quarter; Wall Street predicted that the sales in the same store have reduced 0.6%.

McDonald’s traffic was somewhat positive, but customers were spent less than usual during the quarter. In the summer, chain price spread a $ 5 combo dish to return conscious dishes and bring back sluggish sales. The strategy pointed out McDonald’s secondary store sales in the third quarter. However, analysts warned that customers also add menu items that do not make concessions to their orders.

The biggest stroke of McDonald’s US largest shot, the centers of disease control and prevention centers, the quarter parker burger was related to a deadly E. Coli accident. McDonald’s, vibrating onion, which is part of the composition, changed suppliers for the probable guilty for the secretion. CDC officially began in early December.

However, in the days following the news, McDonald’s restaurant traffic in US restaurants, especially affected countries.

Sales outside the United States were stronger. Both McDonald’s international units have increased the sale of sales in the same store, increasing the company’s overall activities.

The company, which includes the latest East and Japan, the company’s international development has increased by 4.1% of the licensed market segment, the same store sales growth.

McDonald’s International Operations Markets Section, which includes the largest markets, said the sale of sales increased by 0.1%. The company said most of the majority of markets have been selling in the same store, but the United Kingdom and some other markets shrink in the same store sales in a quarter.