McDonald’s global sales climbs 11.7% in Q2

Diluted earnings per share was US$3.15, an increase of 97%.

McDonald’s Corporation’s global sales increased by 11.7% in Q2, according to its recent financial report.

Consolidated revenues increased by 14% whilst systemwide sales climbed 12%. Consolidated operating income increased 81% (82% in constant currencies). Results included US$18m of pre-tax restructuring charges related to the company's internal effort to modernize ways of working (Accelerating the Organization). Consolidated operating income meanwhile, increased 20%.

“Our second quarter results reflect consistently strong execution of our Accelerating the Arches strategy, with global comparable sales growth of 11.7% and double-digit comparable sales growth across each of our segments. The McDonald’s brand has never been stronger and I remain inspired by the ability of the McDonald’s System to create cultural conversations and develop industry-leading innovations. Whilst global macroeconomic challenges persist, we continue to invest in our growth drivers and our brand to meet the customer needs of tomorrow,” said McDonald’s President and Chief Executive Officer, Chris Kempczinski.