McDonald's Corporation

MCD
Sector

Consumer Discretionary

Industry

Restaurants

Market Cap

$212.19B

Employees

150K

Company Overview

McDonald's Corporation is a global franchisor and operator of restaurants, offering a menu of food and beverages. The company operates in over 100 countries with a heavily franchised business model, which is designed to generate stable and predictable revenue. McDonald's competes in the informal eating out segment, focusing on price, convenience, service, and menu variety.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Consolidated revenues were flat for the quarter, but increased 1% in constant currencies, indicating some underlying growth offset by currency headwinds. For the six months, revenue increased 2% (also 2% in constant currency).

Consolidated operating income decreased 6% for the quarter (5% in constant currencies), while remaining flat for the six months (increased 1% in constant currencies). This suggests margin pressures in the short term.

Diluted earnings per share decreased 11% for the quarter (10% in constant currencies), but only 2% for the six months (also 2% in constant currencies), suggesting a more significant impact in the short term.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights