McDonald`s Corp

-0.02 (-0.01%)
4:00:00 PM EDT: $234.66 -0.18 (-0.08%)
Earnings Announcements

Mcdonald's Says Recorded $1.5 Billion In Digital Sales In Q1

Published: 04/29/2021 19:36 GMT
McDonald`s Corp (MCD) - CEO - Delivery Offered at 30,000 Restaurants for 75% of Global Footprint-conf Call.
CEO - Co Has 40 Million Active App Users in Top 6 Markets.
Exec- on Chicken Sandwich Launch Says "while the Category is Very Competitive, We Are So Far Exceeding Our Projections".
Exec- Recorded $1.5 Billion in Digital Sales in Q1, Which Includes App, Kiosks and Delivery.
Cfo- With Widespread Resurgences and Ongoing Government Restrictions Across Europe, Segment Has Not Fully Recovered to Pre-covid Levels.
Cfo- in France, Germany Restrictions Are Likely to Ease in Q2; Don't See These Markets Recovering to Pre-covid Levels Until Later This Year.
Exec- Impact of Stimulus Checks Are "wearing Off" Generally, But Co's Momentum in U.S. is "way Beyond Stimulus Check".
Exec- Expect Second Quarter 2-year Stack to Be Roughly the Same As Our First Quarter Stack.
Further Company Coverage: .
Revenue is expected to be $5.5 Billion
Adjusted EPS is expected to be $2.07

Next Quarter Revenue Guidance is expected to be $5.9 Billion
Next Quarter EPS Guidance is expected to be $2.38

More details on our Analysts Page.