McDonald's Q1 Earnings Surpass Street View Aided By Menu Price Increases & Positive Traffic Growth - $MCD
- last year
McDonald's reported first-quarter FY23 sales growth of 4% year-on-year to $5.89 billion, beating the consensus of $5.59 billion.
"We have refocused on operational excellence through our global Performance and Customer Excellence (PACE) initiative, and we've seen significant customer satisfaction improvement around the world," said CEO Chris Kempczinski.
"We have refocused on operational excellence through our global Performance and Customer Excellence (PACE) initiative, and we've seen significant customer satisfaction improvement around the world," said CEO Chris Kempczinski.