McDonald’s Corp. drove a 2.4-percent increase in full-year net income to $5.59 billion, despite relatively flat results in the fourth quarter. Global same-store sales for the Dec. 31-ended fourth quarter decreased 0.1 percent, including a 1.4-percent decline in the United States, due to a higher average check, which was offset by negative comparable-store guest counts. The Oak Brook, Ill.-based chain operates or franchises more than 34,000 restaurants in more than 100 countries, including more than 14,000 in the United States.
4Q NET INCOME
—— Result: $1.4 billion, or $1.40 per share% Increase: flat (from $1.4 billion, or $1.38 per share)
4Q REVENUE
Result: $7.09 billion% Increase: 2% (from $6.95 billion)
4Q SAME-STORE SALES
% Decrease globally: 0.1%
% Decrease in U.S.: 1.4%
% Increase in Europe: 1%
% Decrease in APMEA: 2.4%
Source: Company report
FULL YEAR NET INCOME
Result: $5.9 billion, or $5.55 per share% Increase: 2.4% (from $5.46 billion, or $5.36 per share)
FULL YEAR REVENUE
Result: $28.11 billion% Increase: 2% (from $27.57 billion)
FULL YEAR SAME-STORE SALES
% Increase globally: 0.2%
Source: Company report
RELATED:
• McDonald's USA names new CMO
• McDonald's global same-store sales rise 0.5% in November
• Same-store sales at NRN.com
Contact Mark Brandau at [email protected].
Follow him on Twitter: @Mark_from_NRN