Categories AlphaGraphs, Consumer, Earnings

A visual representation of McDonald’s Corporation (MCD) Q1 2020 earnings results

McDonald’s Corporation (NYSE: MCD) reported first quarter 2020 earnings results today.

McDonald's Corporation reports Q1 2020 earnings results

Total revenues fell 6% to $4.71 billion year-over-year. Global comparable sales declined 3.4%.

Net income dropped 17% to $1.1 billion while EPS decreased 15% to $1.47.

The company withdrew its 2020 outlook and its long-term outlook due to the uncertainty related to the impact of the COVID-19 outbreak on global economic conditions and its business operations.

Past Performance

mcdonald's Q3 2019 earnings infographic

Most Popular

United Parcel Service (UPS) seems on track to regain lost strength

Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic

IPO Alert: What to look for when Boundless Bio goes public

Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.

Nike (NKE) bets on innovation and partnerships to return to high growth

Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top