McDonald’s reports Q4 EPS $2.59, consensus $2.46

Reports Q4 revenue $5.93B, consensus $5.69B. Global comparable sales increased over 12% for the quarter, with double-digit growth across all segments. "Our Accelerating the Arches strategy is driving growth and building brand strength, delivering exceptional full year performance in 2022 with over 10% comparable sales growth and 5% comparable guest count growth globally," said McDonald’s President and CEO, Chris Kempczinski. "While we expect short-term inflationary pressures to continue in 2023, we remain highly confident in Accelerating the Arches, which now includes a greater emphasis on new restaurant openings. The recently announced Accelerating the Organization initiative will complement this strategy to enable the McDonald’s System to be faster, more innovative, and more efficient. We’re proud of our continued strong performance, but we’re not satisfied. That’s the hallmark of McDonald’s."