Although the firm experienced mixed performance in the last quarter of 2024, with income below expectations, it sees a light in international growth and its expansion plans in 2025.
Throughout the year, the company plans to open around 2,200 restaurants.
McDonald’s ($ MCD) He published his financial results on Monday for the Last quarter 2024. Input, it should be noted that the report disappointed investors.
And it is that the balance revealed a mixed performance marked by inferior income to market expectations. The results were negatively affected by the outbreak of E. coli occurred in Octoberwhich impacted fully on US market sales, as explained on Tuesday from INVIU.
“In this segment, sales fell 1.4%, registering the worst performance since the beginning of the pandemic. However, growth in international markets acted as a positive counterweight. The company reported an EPS of 2.83 dollars , in line with the expectations, and income of 6,390 mm of dollars, below the expected 6,440 mm, “they point out from the City Broker.
More balance data
Outside the US, sales were more solid, with both international divisions reporting increases in sales in comparable stores.
The market segment under license, which includes regions such as Middle East and Japan, grew 4.1% in this indicator. By 2025, McDonald’s expects the first quarter to be the weakest in comparable sales, according to financial director Ian Borden, who attributed the projection to a lazy year start in the US, among other factors.
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Throughout the year, the company plans to open around 2,200 restaurants. Approximately a quarter will be in the US and key international markets, while the rest will be located in regions under license, including 1,000 new premises in China.
Including its investments in restaurant openings, McDonald’s plans to spend between 3,000 and 3.2 billion dollars this year on capital expenses. The company adds to the long list of companies that projects a negative impact of between 20 and 30 cents per share on its annual profits due to foreign currency exchange rates.
Source: Ambito
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