McDonald's Q4 Earnings U

McDonald's U.S. sales fell 1.4% in Q4 due to lower customer spending and an E. coli outbreak. Despite this, strong international performance and global expansion plans lifted shares 4.8%, making McDonald's the top Dow performer on the day.

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2-1C.'ZS, 6:17 P MMcODnaK’s 0 4 EarringsU.S. Sales D'Dp FdHc*1rg E. Coll Outiwealt - WSJThis copy Is for your personal, n c n - c o m e r c a use only. Dlstr outlnr and use nf this material ere governed b y ourSubscrfaer Agreement snc n y copyrlpht law. Fornon-personsl use or tn order m u tlpleaptes, p esse contact D o w Jones Reorhts st 1-SM-M3-4K1OB or idftt www.d|reprlntsjcorn.https;'.'www.w JjcotrVliuxInEK, earnlngsI <'tncdociBldsTncd-q4'eamlncs-repart-2C}24'84de(fbOlBUSINESS | EARNINGSMcDonald’s U.S. Sales Drop asCustomers Spend LessFast-food chain's international business buoys its financial results;shares riseB y Heather HaddonFollowUptfatafFeb.10,20254:59 pm E TMcDonald's expects t o open 2.200 restaurants globally this year. PHOTO: WAR 3 TAMA. GETTY IMAGESMcDonald’sMCD4.80% <U.S. store sales and earnings fell as the burger chaindealt with the fallout of a n E. coli outbreak hitting its domestic business lastyear.The company said its U.S. same-store sales declined1.4% in the three monthsended Dec. 31, driven in part by customers spending less money per visit. Aslowdown in the pace of price increases across restaurants also contributed.The chain's fourth-quarter revenue and adjusted earnings per share trailedanalysts' expectations. Some investors had feared steeper declines, and wereupbeat about the company's recovery in many international markets.h t i E :www.wEj.ccmtLEheEEearr.ngs mc(fcnaldE-mca-qJ-eamlng&-repDrt-2a2<-34tlafbD 1moc-bJElreES_leaa_pDE2e

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2>'1W25, 6:17 P MMcDonalds Q i Earrings: U.S. Sales Crop Fallowing E. Coll Outbreak - WSJMcDonald's said it expects to open 2,200 restaurants globally this year, u pslightly from the total it projected last year. Around 600 of those locations wouldbe in the U.S.Shares in McDonald's climbed 4.8% to 3308.42, making it the best-performingstock in the Dow in Monday trading.Restaurants so far have reported mixed business results for the last threemonths of 2024. Chipotle Mexican Grill, Yum Brands Taco Bell and Chili's ownerBrinker International said their restaurants brought in more customers lastquarter, while Starbucks, Pizza Hut and KFC marked declines in their domesticmarkets.McDonald's said consumers remain pressured, particularly low-income dinersand families. U.S.sales were sluggish in January, reflecting a broader slump inthe industry, McDonald's said."The industry is still seeing a fair bit of headwind," Chief Financial Officer IanBorden said.McDonald'sMcDonald's had a n uneven 2024, as itS t o c k - p r i c e p e r f o r m a n c efaced concerns about whether53125consumers were cutting visits3iD.obecause meal prices were too high.3 0 ? 5I.;’..v.Last July, it reported its first drop insame-store sales since 2020. Valuepromotions and a new Chicken BigMac sandwich were providing aboost to its U.S. locations before theonset of its recent health crisis.In October, federal health officialslinked a n E. coE outbreak to sliveredFeb. 2025onions served on McDonald'sAnofFeb.10.3:55p.m. ETQ u a r ter Pounder burgers. TheSource: FactSetoutbreak eventually infected a totalof 104 people across 14 states, resulting in 34 hospitalizations and one death, the3050302.5300.0297.5295 01* 1Z'5htz:E:,.www.v.iEj.conLlaLEneEEearrlngs.mcdOT3HE-mca-qi-eamlrgE-repD<t-K)Ejt-Ein3lbC1?moa-buElreE&_l2asj:<iE2
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