Earnings release
Page 1
M. FOR IMMEDIATE RELEASE 7/28/2021 ● MCDONALD'S REPORTS SECOND QUARTER 2021 RESULTS Global comparable sales were up 40.5 % in the second quarter and increased 6.9 % on a 2 - year basis , reflecting sequential acceleration and continued broad - based business momentum Comparable sales increased across all segments on a 2 - year basis Year - to - date Systemwide sales * from digital channels across our top 6 markets were nearly $ 8 billion - a 70 % increase versus the prior year CHICAGO , IL - McDonald's Corporation today announced results for the second quarter ended June 30 , 2021 . FOR MORE INFORMATION CONTACT : Investors : Mike Cieplak , investor.relations@us.mcd.com Media : Lauren Altmin , lauren.altmin@us.mcd.com ● Exhibit 99.1 " Our performance is a continued demonstration of the broad - based strength and resiliency of our business as global comp sales in the second quarter increased nearly 7 % over 2019. For 65 years , we've created iconic experiences for billions of people around the world . Along the way , we've always focused on following our customers ' needs , finding the most convenient and engaging ways for them to enjoy McDonald's . It's clear that our next chapter will be driven by our leadership in digital , " said McDonald's President and Chief Executive Officer Chris Kempczinski . " As we build on our momentum and embed our digital capabilities through the customer experience , I'm thrilled that Manu Steijaert will be taking on the newly created role of Chief Customer Officer . His team will deliver the seamless omnichannel experience that our customers want and McDonald's can provide . " Second quarter financial performance : Global comparable sales increased 40.5 % ( 6.9 % on a 2 - year basis ) , reflecting positive comparable sales across all segments : U.S. increased 25.9 % ( 14.9 % on a 2 - year basis ) International Operated Markets segment increased 75.1 % ( 2.6 % on a 2 - year basis ) International Developmental Licensed Markets segment increased 32.3 % ( 0.3 % on a 2 - year basis ) Consolidated revenues increased 57 % ( 49 % in constant currencies ) to $ 5,888 million . Systemwide sales increased 48 % ( 42 % in constant currencies ) to $ 28,281 million . Consolidated operating income increased $ 1,730 million and included $ 98 million of strategic gains primarily related to the sale of McDonald's Japan stock . * Refer to page 4 for a definition of Systemwide sales . Diluted earnings per share for the quarter was $ 2.95 , or $ 2.37 excluding $ 0.48 per share of income tax benefits as a result of a change in the U.K. statutory income tax rate and $ 0.10 per share of strategic gains . 1