Summary by Moomoo AI
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