McDonald's Corporation reported Q3 2024 revenues of $6.87 billion, up 3% year-over-year, while global comparable sales decreased 1.5%. Operating income declined 1% to $3.19 billion, with diluted earnings per share at $3.13, down 1%. U.S. comparable sales increased 0.3%, driven by average check growth and effective value campaigns.The International Operated Markets segment saw comparable sales decline 2.1%, impacted by negative performance in France and the UK. The International Developmental Licensed Markets segment reported a 3.5% comparable sales decrease, affected by the ongoing Middle East conflict and weaker sales in China. Franchised margins grew 1% to $3.45 billion, representing approximately 90% of restaurant margin dollars.The company continued executing its growth strategy, including accelerating restaurant development with plans to open over 2,100 new locations in 2024. McDonald's declared a 6% increase in quarterly dividend to $1.77 per share and repurchased 1.7 million shares for $444 million during the quarter. The company maintains its target of reaching 50,000 restaurants globally by 2027.

McDonald's Corporation reported Q3 2024 revenues of $6.87 billion, up 3% year-over-year, while global comparable sales decreased 1.5%. Operating income declined 1% to $3.19 billion, with diluted earnings per share at $3.13, down 1%. U.S. comparable sales increased 0.3%, driven by average check growth and effective value campaigns.The International Operated Markets segment saw comparable sales decline 2.1%, impacted by negative performance in France and the UK. The International Developmental Licensed Markets segment reported a 3.5% comparable sales decrease, affected by the ongoing Middle East conflict and weaker sales in China. Franchised margins grew 1% to $3.45 billion, representing approximately 90% of restaurant margin dollars.The company continued executing its growth strategy, including accelerating restaurant development with plans to open over 2,100 new locations in 2024. McDonald's declared a 6% increase in quarterly dividend to $1.77 per share and repurchased 1.7 million shares for $444 million during the quarter. The company maintains its target of reaching 50,000 restaurants globally by 2027.