Ultima Markets[Market Hotspot] McDonald's Profitability in Geopolitical Turbulence...

2 month 5 On Monday, McDonald's(MCD.US) The stock price is under pressure, despite the fast food leader in the Dow Jones index announcing better than expected fourth quarter profits, sales have disappointed the market.

McDonald's adjusted earnings per share growth 14%, reaching 2.95 The US dollar has achieved double-digit growth for the fifth consecutive quarter. sales growth 8%, reaching64.1Billion dollars, slightly lower than Wall Street's expectations64. 5USD100mn Analysts previously predicted earnings per share as2.83 USD, but sales will grow 8.8%。

McDonald's announces global same store sales growth for the quarter 3.4%, lower than Wall Street's estimate 4.7%. Driven by the "strategic menu price increase", the same store sales in the United States increased in the fourth quarter 4.3%. McDonald's faced resistance in the Middle East, leading to a decline in sales in the region due to its Israeli franchisees offering special discounts to soldiers. Executive DirectorChrisKempczinskiIt is stated that due to the resistance to spillover effects, the company's sales in some markets outside the Middle East have also shown signs of weakness.

McDonald's adjusted profit growth throughout the year 18%Reaching per share 11.94 USD, exceeding FactSet Expected 11.80 USD. 2023 Total annual revenue 254.9 Billion US dollars, annual increase 10%, but slightly lower than expected 255.3 USD100mn

expectation 2024 In, McDonald's reiterated its commitment to 12 Looking forward to the month, excluding the influence of exchange rates, the new restaurant will drive sales growth close to 2%. McDonald's continues to implement a broader expansion strategy, with the chain planning to open this year2,100 Multiple new stores to attract and cover a wider customer base.

(McDonald's stock price performance weekly chart)

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