In 2023, McDonald's reported a robust financial performance with global comparable sales increasing by 9.0%, driven by the successful implementation of its Accelerating the Arches strategy. In the U.S., comparable sales rose by 8.7%, attributed to strategic menu price increases, effective marketing promotions, and growth in digital and delivery services. The International Operated segment saw a 9.2% increase in comparable sales, with significant contributions from the U.K., Germany, and Canada. The International Developmental Licensed segment experienced a 9.4% rise in comparable sales, indicating strong performance across all regions. Systemwide sales, including those from loyalty program members across approximately 50 markets, also contributed to the company's revenue, although specific financial figures for systemwide sales were not disclosed. The company's financial health was...Show More

In 2023, McDonald's reported a robust financial performance with global comparable sales increasing by 9.0%, driven by the successful implementation of its Accelerating the Arches strategy. In the U.S., comparable sales rose by 8.7%, attributed to strategic menu price increases, effective marketing promotions, and growth in digital and delivery services. The International Operated segment saw a 9.2% increase in comparable sales, with significant contributions from the U.K., Germany, and Canada. The International Developmental Licensed segment experienced a 9.4% rise in comparable sales, indicating strong performance across all regions. Systemwide sales, including those from loyalty program members across approximately 50 markets, also contributed to the company's revenue, although specific financial figures for systemwide sales were not disclosed. The company's financial health was further supported by the performance of franchised restaurants, which, while not recorded as direct revenues, are essential for calculating franchised revenues and reflect the franchisee base's financial health. McDonald's also monitors metrics such as after-tax return on invested capital (ROIC) and free cash flow to evaluate capital allocation effectiveness and the ability to convert net profits into cash resources for shareholder value enhancement. However, specific figures for ROIC and free cash flow were not provided in the announcement. The company's earnings and cash flow growth rates in 2023 were impacted by charges related to its growth strategy and restructuring costs.