McDonald’s Corporation announced its fourth-quarter earnings for 2024, revealing a resurgence in sales driven by robust international performance. The fast-food giant reported revenue of $6.4 billion, exceeding analysts’ expectations with earnings per share reaching $2.95, significantly above the forecasted $2.68. The company saw a notable increase in global comparable sales, which rose by 10.3%, with international markets, particularly in Asia and Europe, showing encouraging growth. Chris Kempczinski, the CEO of McDonald’s, stated, “Our international markets are rebounding strongly, showcasing the resilience of our brand and the effectiveness of our localization strategies.” In addition, the company also highlighted the successful launch of new menu items that have resonated well with customers. North America’s sales grew by 7.5%, while international markets reflected a one-third growth, buoyed by favorable exchange rates and effective marketing strategies. Analysts remain optimistic about McDonald’s growth potential, noting that the corporation’s commitment to enhancing customer experience through technology and menu innovation positions it favorably for future quarters.
McDonald’s Reports Positive Q4 2024 Earnings Fueled by Strong International Sales
