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.

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