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1、Exhibit 99.1 FOR IMMEDIATE RELEASEFOR MORE INFORMATION CONTACT:2/10/2025Investors:Dexter Congbalay, Media:Lauren Altmin,McDONALDS REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTSGlobal Systemwide sales*were over$130 billion for the full year,with full year growth of more than$1 billion(more than$2
2、billion in constant currencies)Systemwide sales to loyalty members were approximately$30 billion for the full year and approximately$8 billion for the quarter across 60 loyalty markets,with full year growth of 30%over prior year90-day active loyalty users were over 175 million across 60 loyalty mark
3、ets as of year-end,with growth of approximately 15%over prior yearCHICAGO,IL-McDonalds Corporation today announced results for the fourth quarter and year ended December 31,2024.“Accelerating the Arches continues to be the right strategy as we focus on growing market share,”said Chairman and CEO Chr
4、is Kempczinski.“Were playing to win,focusing on our customers with outstanding value,exciting menu innovation and culturally relevant marketing.”Fourth quarter financial performance:Global comparable sales increased 0.4%:U.S.decreased 1.4%International Operated Markets segment increased 0.1%Internat
5、ional Developmental Licensed Markets segment increased 4.1%Consolidated revenues were flat(flat in constant currencies).Systemwide sales increased 2%(2%in constant currencies).Consolidated operating income increased 2%(3%in constant currencies).Excluding$3 million of current year net charges,as well
6、 as prior year pre-tax charges of$138 million,consolidated operating income decreased 2%(2%in constant currencies).*Diluted earnings per share was flat at$2.80(increased 1%in constant currencies).Excluding the current year net charges described above of$0.03 per share,diluted earnings per share was$
7、2.83,a decrease of 4%(4%in constant currencies)when also excluding prior year charges.*Full year financial performance:Global comparable sales decreased 0.1%:U.S.increased 0.2%International Operated Markets segment decreased 0.2%International Developmental Licensed Markets segment decreased 0.3%Cons
8、olidated revenues increased 2%(2%in constant currencies).Systemwide sales increased 1%(2%in constant currencies).1Consolidated operating income increased 1%(1%in constant currencies).Results included$221 million of pre-tax restructuring charges associated with Accelerating the Organization and$70 mi
9、llion of pre-tax transaction costs and non-cash impairment charges,net of gains on associated property sales.Excluding these current year net charges,as well as prior year pre-tax charges of$362 million,consolidated operating income was flat(flat in constant currencies).*Diluted earnings per share w
10、as$11.39,a decrease of 1%(1%in constant currencies).Excluding the current year net charges described above of$0.33 per share,diluted earnings per share was$11.72,a decrease of 2%(1%in constant currencies)when also excluding prior year charges.*Refer to page 5 for a definition of Systemwide sales.*Re
11、fer to pages 3 and 4 for additional details on our results for the fourth quarter and full year 2024 and 2023.2COMPARABLE SALESIncrease/(Decrease)Quarters Ended December 31,20242023U.S.(1.4)%4.3%International Operated Markets 0.1 4.4 International Developmental Licensed Markets 4.1 0.7 Total Company
12、 0.4%3.4%U.S.:Comparable sales results for the quarter reflect a decline in average check,partly offset by slightly positive comparable guest counts.International Operated Markets:Slightly positive segment performance was driven by mixed results across the markets.Results reflected positive comparab
13、le sales in most markets,partly offset by negative comparable sales in some markets,led by the U.K.International Developmental Licensed Markets:Segment performance reflected positive comparable sales,led by the Middle East and Japan.KEY FINANCIAL METRICS-CONSOLIDATEDDollars in millions,except per sh
14、are data Quarters Ended December 31,Years Ended December 31,20242023Inc/(Dec)Inc/(Dec)Excluding Currency Translation20242023Inc/(Dec)Inc/(Dec)Excluding Currency TranslationRevenues$6,388$6,406%$25,920$25,494 2%2%Operating income 2,868 2,802 2 3 11,712 11,647 1 1 Net income 2,017 2,039 (1)8,223 8,469
15、 (3)(2)Earnings per share-diluted$2.80$2.80%1%$11.39$11.56 (1)%(1)%Results for 2024 included the following:Pre-tax charges of$74 million,or$0.10 per share,for the quarter and$221 million,or$0.25 per share,for the year,primarily related to restructuring charges associated with the Companys internal e
16、ffort to modernize ways of working(Accelerating the Organization)Net pre-tax gains of$71 million,or$0.07 per share,for the quarter and net pre-tax charges of$70 million,or$0.08 per share,for the year,primarily consisted of property sale gains,transaction costs and non-cash impairment charges associa
17、ted with the sale of McDonalds business in South Korea and transaction costs associated with the acquisition of McDonalds business in IsraelResults for 2023 included the following:Pre-tax charges of$72 million,or$0.08 per share,for the quarter and the year,related to the write-off of impaired softwa
18、re no longer in usePre-tax charges of$66 million,or$0.07 per share,for the quarter and$290 million,or$0.30 per share,for the year,related to the Companys Accelerating the Arches growth strategy,including restructuring charges associated with Accelerating the OrganizationExcluding the above items,ope
19、rating income performance for both periods was primarily driven by lower Other operating income and lower Company-owned and operated margins,partly offset by higher sales-driven Franchised margins.Results for both periods reflected higher interest expense,lower non-operating income and a higher effe
20、ctive tax rate.3NET INCOME AND EARNINGS PER SHARE-DILUTED RECONCILIATION Dollars in millions,except per share dataQuarters Ended December 31,Net IncomeEarnings per share-diluted20242023Inc/(Dec)Inc/(Dec)Excluding Currency Translation20242023Inc/(Dec)Inc/(Dec)Excluding Currency TranslationGAAP$2,017$
21、2,039 (1)%$2.80$2.80%1%(Gains)/Charges 18 106 0.03 0.15 Non-GAAP$2,035$2,145 (5)%(5)%$2.83$2.95 (4)%(4)%Years Ended December 31,Net IncomeEarnings per share-diluted20242023Inc/(Dec)Inc/(Dec)Excluding Currency Translation20242023Inc/(Dec)Inc/(Dec)Excluding Currency TranslationGAAP$8,223$8,469 (3)%(2)
22、%$11.39$11.56 (1)%(1)%(Gains)/Charges 236 274 0.33 0.38 Non-GAAP$8,459$8,742 (3)%(3)%$11.72$11.94 (2)%(1)%4THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASEConstant currency results exclude the effects of foreign currency translation and are calculated by translating cur
23、rent year results at prior year average exchange rates.Management reviews and analyzes business results excluding the effect of foreign currency translation,impairment and other charges and gains,as well as material regulatory and other income tax impacts,and bases incentive compensation plans on th
24、ese results because the Company believes this better represents underlying business trends.Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions,respectively,at all restaurants,whether owned and operated by the Company or
25、by franchisees,in operation at least thirteen months including those temporarily closed.Some of the reasons restaurants may be temporarily closed include reimaging or remodeling,rebuilding,road construction,natural disasters,pandemics or acts of war,terrorism or other hostilities.Comparable sales ex
26、clude the impact of currency translation and the sales of any market considered hyperinflationary(generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%),which management believes more accurately reflects the underlying business trends.Comparable
27、sales are driven by changes in guest counts and average check,the latter of which is affected by changes in pricing and product mix.Systemwide sales include sales at all restaurants,whether owned and operated by the Company or by franchisees.Systemwide sales to loyalty members is comprised of all sa
28、les to customers who self-identify as a loyalty member when transacting with both Company-owned and operated and franchised restaurants.Systemwide sales to loyalty members are measured across 60 markets with loyalty programs.Systemwide sales to loyalty members represents an aggregation of the prior
29、four quarters of sales to loyalty members active in the last 90 days of the respective quarter.While franchised sales are not recorded as revenues by the Company,management believes the information is important in understanding the Companys financial performance because these sales are the basis on
30、which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base.The Companys revenues consist of sales by Company-owned and operated restaurants and fees from franchised restaurants operated by conventional franchisees,developmental lice
31、nsees and affiliates.Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion.Free cash flow,defined as cash provided by operations less capital expenditures,and free cash flow conversion rate,defined as free cash flow divided by net income,are measures
32、reviewed by management in order to evaluate the Companys ability to convert net profits into cash resources,after reinvesting in the core business,that can be used to pursue opportunities to enhance shareholder value.RELATED COMMUNICATIONSThis press release should be read in conjunction with Exhibit
33、 99.2 to the Companys Form 8-K filing for supplemental information related to the Companys results for the quarter and year ended December 31,2024.McDonalds Corporation will broadcast its investor earnings conference call live over the Internet at 7:30 a.m.(Central Time)on February 10,2025.A link to
34、 the live webcast will be available at .There will also be an archived webcast available for a limited time thereafter.UPCOMING COMMUNICATIONS For important news and information regarding McDonalds,including the timing of future investor conferences and earnings calls,visit the Investor Relations se
35、ction of the Companys Internet home page at .McDonalds uses this website as a primary channel for disclosing key information to its investors,some of which may contain material and previously non-public information.ABOUT McDONALDSMcDonalds is the worlds leading global foodservice retailer with over
36、43,000 locations in over 100 countries.Approximately 95%of McDonalds restaurants worldwide are owned and operated by independent local business owners.FORWARD-LOOKING STATEMENTS This release contains certain forward-looking statements,which reflect managements expectations regarding future events an
37、d operating performance and speak only as of the date hereof.These forward-looking statements involve a number of risks and uncertainties.Factors that could cause actual results to differ materially from expectations are detailed in the Companys filings with the Securities and Exchange Commission,in
38、cluding the risk factors discussed in Exhibit 99.2 to the Companys Form 8-K filing on February 10,2025.The Company undertakes no obligation to update such forward-looking statements,except as may otherwise be required by law.5McDONALDS CORPORATIONCONDENSED CONSOLIDATED STATEMENT OF INCOME(UNAUDITED)
39、Dollars and shares in millions,except per share dataQuarters Ended December 31,20242023Inc/(Dec)RevenuesRevenues from franchised restaurants$3,958$3,869$90 2%Sales by Company-owned and operated restaurants 2,310 2,474 (164)(7)Other revenues 120 63 56 88 TOTAL REVENUES 6,388 6,406 (19)Operating costs
40、 and expensesFranchised restaurants-occupancy expenses 635 633 2 Company-owned and operated restaurant expenses 1,977 2,075 (98)(5)Other restaurant expenses 98 45 54 n/m Selling,general&administrative expensesDepreciation and amortization 136 91 45 50 Other 664 731 (67)(9)Other operating(income)expe
41、nse,net 10 31 (21)(66)Total operating costs and expenses 3,519 3,604 (85)(2)OPERATING INCOME 2,868 2,802 66 2 Interest expense 380 360 20 6 Nonoperating(income)expense,net(49)(73)24 (33)Income before provision for income taxes 2,537 2,515 22 1 Provision for income taxes 521 476 45 9 NET INCOME$2,017
42、$2,039$(22)(1)%EARNINGS PER SHARE-DILUTED$2.80$2.80$%Weighted average shares outstanding-diluted 719.7 727.8 (8.1)(1)%n/m Not meaningful6McDONALDS CORPORATIONCONDENSED CONSOLIDATED STATEMENT OF INCOME(UNAUDITED)Dollars and shares in millions,except per share dataYears Ended December 31,20242023Inc/(
43、Dec)RevenuesRevenues from franchised restaurants$15,715$15,437$278 2%Sales by Company-owned and operated restaurants 9,782 9,742 40 Other revenues 423 316 108 34 TOTAL REVENUES 25,920 25,494 426 2 Operating costs and expensesFranchised restaurants-occupancy expenses 2,536 2,475 62 2 Company-owned an
44、d operated restaurant expenses 8,334 8,224 110 1 Other restaurant expenses 339 232 107 46 Selling,general&administrative expensesDepreciation and amortization 447 382 65 17 Other 2,412 2,435 (24)(1)Other operating(income)expense,net 139 99 41 41 Total operating costs and expenses 14,208 13,847 361 3
45、 OPERATING INCOME 11,712 11,647 65 1 Interest expense 1,506 1,361 146 11 Nonoperating(income)expense,net(139)(236)97 (41)Income before provision for income taxes 10,345 10,522 (178)(2)Provision for income taxes 2,121 2,053 68 3 NET INCOME$8,223$8,469$(245)(3)%EARNINGS PER SHARE-DILUTED$11.39$11.56$(
46、0.17)(1)%Weighted average shares outstanding-diluted721.9732.3(10.4)(1)%n/m Not meaningful7McDONALDS CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEET(UNAUDITED)In millions December 31,20242023Current assets Cash and equivalents$1,085$4,579 Accounts and notes receivable 2,383 2,488 Other current asset
47、s 1,130 919 TOTAL CURRENT ASSETS 4,599 7,986 TOTAL OTHER ASSETS 11,950 9,738 LEASE RIGHT-OF-USE ASSET,NET 13,339 13,514 NET PROPERTY AND EQUIPMENT 25,295 24,908 TOTAL ASSETS$55,182$56,147 TOTAL CURRENT LIABILITIES$3,861$6,859 Long-term debt 38,424 37,153 Long-term lease liability 12,888 13,058 Other
48、 long-term liabilities 1,893 2,103 Deferred income taxes 1,914 1,681 TOTAL SHAREHOLDERS EQUITY(DEFICIT)(3,797)(4,707)TOTAL LIABILITIES AND SHAREHOLDERS EQUITY(DEFICIT)$55,182$56,147 8McDONALDS CORPORATIONCONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS(UNAUDITED)In millions Years ended December 31,202
49、42023Operating activitiesNet income$8,223$8,469 Changes in working capital items(437)(108)Other 1,660 1,251 CASH PROVIDED BY OPERATIONS 9,447 9,612 Investing activitiesCapital expenditures(2,775)(2,357)Sales and purchases of restaurant and other businesses and property sales(2,073)(151)Other(498)(67
50、6)CASH USED FOR INVESTING ACTIVITIES(5,346)(3,185)Financing activitiesNet short-term borrowings and long-term financing issuances and payments(72)2,993 Treasury stock purchases(2,824)(3,054)Common stock dividends(4,870)(4,533)Proceeds from stock option exercises and other 271 220 CASH USED FOR FINAN
51、CING ACTIVITIES(7,495)(4,374)EFFECT OF EXCHANGE RATES ON CASH AND EQUIVALENTS(101)(58)CASH AND EQUIVALENTS INCREASE(DECREASE)(3,494)1,996 Cash and equivalents at beginning of year 4,579 2,584 CASH AND EQUIVALENTS AT END OF YEAR$1,085$4,579 Supplemental cash flow disclosuresCash provided by operations$9,447$9,612 Less:Capital expenditures(2,775)(2,357)FREE CASH FLOW$6,672$7,255 9