Categories AlphaGraphs, Consumer, Earnings
MCD Earnings: McDonald’s comp sales up 12.6% in Q1; profit increases
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the first quarter of 2023 when its revenues rose 4%.
The company said first-quarter adjusted profit increased to $2.63 per share from $2.28 per share in the comparable period of 2022. Unadjusted earnings rose to $1.80 billion or $2.45 per share in the March quarter from $1.10 billion or $1.48 per share a year earlier.
Global comparable store sales moved up 12.6% annually. At $5.89 billion, first-quarter net revenue was up 4% year-over-year.
“We have refocused on operational excellence through our global Performance and Customer Excellence (PACE) initiative, and we’ve seen significant customer satisfaction improvement around the world. Amidst a challenging operating environment, customer demand for McDonald’s Brand remains strong,” said McDonald’s chief executive officer Chris Kempczinski.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
MU Earnings Preview: Strong Q2 results in cards amid growing AI demand
Micron Technology, Inc. (NASDAQ: MU) is uniquely positioned to capitalize on the AI wave sweeping the tech industry, leveraging its high-bandwidth-memory products designed for massive data processing tasks. The company
What to look for when FedEx (FDX) reports Q3 2025 earnings results
Shares of FedEx Corp. (NYSE: FDX) stayed green on Friday. The stock has dropped 14% over the past three months. The package delivery company is scheduled to report its third
Docusign (DOCU) Earnings: 4Q25 Key Numbers
Docusign, Inc. (NASDAQ: DOCU) reported total revenue of $776.3 million for the fourth quarter of 2025, up 9% year-over-year. Net income was $83.5 million, or $0.39 per share, compared to