McDonald’s revenue, operating income up in Q4 and full year
Oak Brook, Ill. -- McDonald’s Corp. reported Tuesday that consolidated revenues for fiscal 2011 rose 12% to a record-high $27 billion. The restaurant chain also said that global same-store sales increased 5.6% for the year ended Dec. 31, with positive comps across all geographic segments for every quarter.
"During 2011, McDonald's continued momentum drove higher profitability and market share gains as we fortified our leadership position around the world," said McDonald's CEO Jim Skinner.
Consolidated operating income increased 14% for the year, and diluted earnings rose 15%.
For the fourth quarter, global same-store sales increased 7.5%, with the United States up 7.1%, Europe up 7.3% and Asia/Pacific, Middle East and Africa up 6.9%. Consolidated revenues increased 10%, and consolidated operating income increased 14%.