McDonalds Corp. Reports on Q1 FY 2019.

04/30/2019

In a press release dated April 30th 2019 McDonald's Corp (MCD) announced results for the 1st Quarter of Fiscal 2019 ending March 31st

The following table summarizes the results for the period compared with the values for the corresponding quarter of the previous fiscal year (Values expressed as $ x 1,000 except EPS)

Quarter Ending March 31st.

2019

2018

Difference (%)

Revenue: (Company Stores 45.0%/50.6%)

$4,955,600

$5,138,900

-3.6

Gross profit: Company Stores:

$354,300

$472,400

-25.0

Operating income:

$2,094,000

$2,143,100

-2.3

Net Income

$1,328,400

$1,375,400

-3.4

Diluted earnings per share:

$1.72

$1.72

-

Gross Margin Company Stores(%)

15.8

18.1

-12.7

Operating Margin (%)

42.2

41.7

+1.2

Profit Margin (%)

26.8

26.8

-

Long-term Debt: December 31st 2018/2017

$31,075,300

$29,536,400

+5.2

12 Months Trailing:

     

Return on Assets (%)

16.1

   

Return on Equity (%)

N/A

   

Operating Margin (%)

40.8

   

Profit Margin (%)

28.2

   

Total Assets: December 31st 2018/2017

$32,811,006

$33,803,700

-2.9

Market Capitalization

$151,0000,000

   

52-Week Range in Share Price: $153.13 to $200.00 (+11 percent YTD)

Market Close April 29th $197.11 Market 11H00 April 30 th post-release $199.00 on earnings beat.

Forward P/E 22.5 Beta 0.3

MCD achieved growth in global comparative sales of 5.4 percent (U.S. 4.5 v International 6.5 percent)

As at March 31st MCD operated 37,971 stores, either Company-owned, franchised or licensed.

MCD benefitted from promotions, simplification of menus E-ordering, delivery and greater use of technology. The Company acquired IT enterprise Plexure and an equity position in Dynamic Yield to provide future benefits

In Commenting on results Steve Easterbrook, president and CEO stated "we started the year strong with our 15th consecutive quarter of positive global comparable sales, reflecting continued broad-based momentum across each of our global segments," He added "we remain focused on running better restaurants and elevating the experience for our customers by providing convenience on their terms through delivery , Experience of the Future , and our evolving digital channels ."

We're also seeing growth in the US, where we've been rolling out the

Experience of the Future

to the 14,000 restaurants in that market. Stores that have modernized to this new model are seeing sales lifts and increased customer satisfaction scores.


















































































































































































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