McDonald’s (MCD) reported Q4 adjusted earnings Monday of $2.95 per diluted share, up from $2.59 a year earlier. Analysts polled by Capital IQ expected $2.83. Revenue for the quarter ended Dec. 31 was $6.41 billion, up from $5.93 billion a year earlier. Analysts surveyed by Capital IQ expected $6.45 billion.
McDonald’s Q4 Adjusted Earnings, Revenue Climb Read Post »
McDonald’s Corporation today announced results for the fourth quarter and year ended December 31, 2023. Fourth quarter financial performance: Global comparable sales increased 3.4%, reflecting positive comparable sales across all segments: U.S. increased 4.3% International Operated Markets segment increased 4.4% International Developmental Licensed Markets segment increased 0.7%, reflecting the impact of the war in the Middle East Consolidated revenues increased 8% (6% in constant currencies). Systemwide sales increased 6% (5% in constant currencies). Consolidated operating income increased 8% (6% in constant currencies). Diluted earnings per share was $2.80, an increase of 8% (5% in constant currencies). Full year financial performance: Global comparable sales increased 9.0%, reflecting strong comparable sales across all segments: U.S. increased 8.7% International Operated Markets segment increased 9.2% International Developmental Licensed Markets segment increased 9.4% Consolidated revenues increased 10% (10% in constant currencies). Systemwide sales increased 10% (10% in constant currencies). Consolidated operating income increased 24% (24% in
McDonald’s Reports Fourth Quarter and Full Year 2023 Results Read Post »
McDonald’s Exec Says Anticipate 2024 Comp Sales Growth Will Continue To Moderate As We Return To More Normalized Level Of Growth; In IDL Segment, Do Not Expect To See Meaningful Improvement Until There Is Resolution In Middle East.
McDonald’s Exec Says Expect 2024 Comp Sales Growth “Getting Back To More Of That Historical Norm Range Of 3% To 4% In Both The U.S. And IOM This Year”.
McDonald’s says it expects to open more than 2,100 restaurants globally this year, up from its guidance last year. The chain says it will focus on areas of the U.S. with high population growth and a smaller concentration of existing McDonald’s for its domestic openings.
McDonald’s Expects to Expand Restaurant Footprint Read Post »
Estee Lauder Sees 3Q EPS 35c-EPS 46c.
Estee Lauder Sees 3Q EPS 35c-EPS 46c Read Post »
The Estée Lauder Companies Inc. Declares Quarterly Dividend of $.66 Per Share NEW YORK–(BUSINESS WIRE)–February 05, 2024– The Estée Lauder Companies Inc. (NYSE: EL) will pay a quarterly dividend of $.66 per share on the Company’s Class A and Class B Common Stock on March 15, 2024 to stockholders of record at the close of business on February 29, 2024. The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and hair care products, and is a steward of luxury and prestige brands globally. The Company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M–A–C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+,
The Estee Lauder Companies Inc. Declares Quarterly Dividend of $.66 Per Share Read Post »
GUIDANCE: (EL) THE ESTEE LAUDER COMPANIES Forecasts Fiscal Year 2024 EPS Range $2.08 – $2.23.
Estee Lauder Sees FY24 Sales Down 1% to Up 1%
Estee Lauder Sees FY24 Sales Down 1% to Up 1% Read Post »
Estée Lauder (NYSE:EL) Expect Q3 Reported Net Sales To Increase 3%-5%, Adjusted EPS To Range Between Decrease Of (18%) And An Increase Of 3% On Constant Currency Basis.
Estee Lauder’s (NYSE:EL) Issues 3Q2024 Outlook Read Post »
Estee Lauder’s (NYSE:EL) continues to forecast fiscal 2024, adjusted EPS is projected to decrease by between 34% and 38% on a constant currency basis, while the net sales outlook is between a 1% decrease to a 1% increase. Analysts polled by Capital IQ expect adjusted EPS of $2.33 on revenue of $15.74 billion.
Estee Lauder’s (NYSE:EL) Affirms Fiscal 2024 Outlook Read Post »
Estee Lauder (NYSE:EL) reported fiscal Q2 adjusted earnings Monday of $0.88 per diluted share, down from $1.54 a year earlier. Analysts polled by Capital IQ expected $0.56. Net sales for the quarter ended Dec. 31 were $4.28 billion, down from $4.62 billion a year earlier. Analysts surveyed by Capital IQ expected $4.24 billion. The company said it expects fiscal Q3 adjusted EPS to range between a decrease of 18% and an increase of 3% on a constant currency basis. Net sales are projected to increase by between 3% and 5%. Analysts surveyed by Capital IQ expect adjusted EPS of $0.83 on revenue of $3.91 billion. For fiscal 2024, adjusted EPS is projected to decrease by between 34% and 38% on a constant currency basis, while the net sales outlook is between a 1% decrease to a 1% increase. Analysts polled by Capital IQ expect adjusted EPS of $2.33 on revenue
Estee Lauder’s (NYSE:EL) Fiscal Q2 Adjusted Earnings, Sales Fall; Shares Rise Pre-Bell Read Post »