McDonald’s has reported disappointing quarterly revenue, despite meeting expectations on earnings. The burger chain’s U.S. same-store sales declined as customers spent less at its restaurants due to an E. coli outbreak in the quarter.
However, shares rose nearly 5% after executives predicted sales would improve in 2025. McDonald’s plans to bring back popular menu items and introduce new products to boost revenue. The company’s international divisions reported strong same-store sales growth, with international markets seeing a slight increase.
For the full year, McDonald’s expects to open around 2,200 restaurants, including about 1,000 new ones in China. Capital expenditures are expected to range between $3 billion and $3.2 billion. The company also warned of a headwind of 20 cents to 30 cents per share due to foreign currency exchange rates.
CEO Chris Kempczinski downplayed concerns that value meals only work if customers add non-discounted menu items, citing the average check on its $5 meal deal as over $10. McDonald’s hopes to fuel the recovery this year with deals and new menu additions.
Source: https://www.cnbc.com/2025/02/10/mcdonalds-mcd-q4-2024-earnings.html