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McDonald’s profit rises 2.4% in 2013

McDonald’s profit rises 2.4% in 2013

Net income increases for the year despite flat 4Q results

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

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