|
Quarter Ending
|
2021
|
2020
|
Difference (%)
|
|
Sales: (42 percent Company stores)
|
$5,124,600
|
$4,714,400
|
+8.7
|
|
Gross profit Company stores:
|
$343,900
|
$273,000
|
+26.0
|
|
Operating income:
|
$2,231,300
|
$1,693,600
|
+31.8
|
|
Pre-tax Income
Net Income
|
$1,952,700
$1,537,200
|
$1,444,900
$1,106,900
|
+35.1
+38.8
|
|
Diluted earnings per share:
|
$2.05
|
$1.47
|
+39.5
|
|
Gross Margin Company stores (%)
|
15.9
|
13.5
|
+17.7
|
|
Operating Margin (%)
|
22.3
|
35.9
|
+37.9
|
|
Profit Margin (%)
|
30.0
|
23.4
|
+28.2
|
|
Long-term Debt and lease obligations*:
|
$52,244,900
|
$50,782,000
|
+2.9
|
|
12 Months Trailing:
|
|
Return on Assets (%)
|
8.9
|
|
Return on Equity (%)
|
N/A
|
|
Operating Margin (%)
|
37.1
|
|
Profit Margin (%)
|
24.6
|
|
Total Assets*
|
$52,626,800
|
$47,510,800
|
+10.8
|
|
Market Capitalization
|
$175,700,000
|
*December 31st 2020
52-Week Range in Share Price: $167.85 to $235.69 50-day Moving average $227.08
Market Close April 28th pre-release $232.57 April 29th post-release 15H00 $235.54
Forward P/E 27.6 Beta 0.6
In remarks accompanying the release, Chris Kempczinski, President and Chief Executive Officer stated “our first quarter 2021 global comparable sales and revenues surpassed first quarter 2019 levels, even as resurgences and operating restrictions persist in many parts of the world. I continue to be inspired by the resilience of our crew members, franchisees, suppliers, and company employees as we lead with our values and stay true to our purpose of feeding and fostering communities,” He continued, “our teams around the world are focused on executing our Accelerating the Arches strategy at the highest level - we’re maximizing our marketing in a culturally relevant way, committed to the great tasting customer favorites on our core menu and doubling-down on digital, delivery and drive thru to create a faster and easier customer experience.”
At the end of 2020 McDonald’s operated 39,198 stores with 13,682 in the U.S. Foreign operations included 2,431 in Asia, 3,787 in China, 1,154 in the E.U. and 2,923 in Japan.
For Q1 MCD reported a global same-store sales increase of 7.5 percent with the U.S. attaining 13.6 percent compared with Q1 2020 impacted by COVID restrictions.
The Company anticipates FY 2021 sales growth in the “mid teens”
|