Market Updates
McDonald's Global Comparable Sales Rise 12%, U.S. Sales Up 3.5%
Scott Peters
28 Apr, 2022
New York City
McDonald's reported first-quarter 2022 total revenues increased 11% to $5.7 billion, earnings decreased 28% to $1.1 billion, and earnings per share fell to $1.48 from $2.05.
Sales at company owned and operated restaurants increased 7% to $2.3 billion and revenues from franchised restaurants rose 13% to $3.3 billion.
Systemwide sales increased 10% or rose 14% on constant currency basis.
Global comparable sales increased 11.8% driven by 3.5% increase in the U.S., 20.4% rise in international company-operated restaurants, and 14.7% jump in international franchise restaurants.
Sales at U.S. locations was driven by higher menu prices, strong marketing promotions, and growth in digital channels.
Digital systemwide sales surpassed $5 billion and rose to 30% in the top six markets.
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