McDonald's Has to Do Better

 https://www.fool.com/investing/2019/10/25/mcdonalds-has-to-do-better.aspx


David Butler

 

Oct 25, 2019 at 7:51AM

McDonald's broader picture and competition

Through the first nine months of the year, very little progress has been made.

• Revenue is down 1% to $15.73 billion.
• Operating income is stagnant at $6.78 billion, and rising interest expenses have driven pre-tax income down 1% to $1.54 billion.
• Net income is down 1% to $4.45 billion, and McDonald's has relied on stock buybacks to drive earnings on a per-share basis.
• Diluted earnings are up 1% to $5.80, as the number of outstanding shares has declined by 3%.

McDonald's broader picture and competition

Through the first nine months of the year, very little progress has been made.

• Revenue is down 1% to $15.73 billion.
• Operating income is stagnant at $6.78 billion, and rising interest expenses have driven pre-tax income down 1% to $1.54 billion.
• Net income is down 1% to $4.45 billion, and McDonald's has relied on stock buybacks to drive earnings on a per-share basis.
• Diluted earnings are up 1% to $5.80, as the number of outstanding shares has declined by 3%.