McDonald's said global comparable sales decreased 1.0% in the quarter, and excluding the prior year Leap Day effect, global comparable sales were essentially flat. The U.S. decreased 3.6%, International Operated Markets decreased 1.0% and International Developmental Licensed Markets increased 3.5%.

1. 01

   McDonald's said global comparable sales decreased 1.0% in the quarter, and excluding the prior year Leap Day effect, global comparable sales were essentially flat. The U.S. decreased 3.6%, International Operated Markets decreased 1.0% and International Developmental Licensed Markets increased 3.5%.

2. 02

   The company said net income for the quarter decreased 3% to $1,868 million and diluted earnings per share decreased 2% to $2.60. Results included pre-tax restructuring charges of $66 million, or $0.07 per share, compared with $35 million, or $0.04 per share, in the prior year quarter.

3. 03

   McDonald's said operating cash flow for the quarter was $2.4 billion, exceeding capital expenditures by $1.9 billion. In the same quarter, the company paid a dividend of $1.77 per share, or $1.3 billion in total, and repurchased 1.5 million shares for $447 million.

4. 04

   The company said it plans to open approximately 2,200 new restaurants (gross) in 2025 and expects net unit growth of approximately 1,800 restaurants. It also said capital expenditures for 2025 are expected to be $3.0 to $3.2 billion and operating margin is expected to be in the mid to late 40% range.

Key figures

Quarter ended March 31, 2025

Revenue

$6.0B

Operating income

$2.6B

Net income

$1.9B

EPS

$2.60

Operating cash flow

$2.4B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.