Highlights from McDonald’s Q1 2019 Earnings
April 30, 2019
McDonald’s President and CEO, Steve Easterbrook, shared today on our quarterly earnings call that the company has logged yet another consecutive quarter of sales growth, driven globally by the Velocity Growth Plan.
"We started the year strong with our 15th consecutive quarter of positive global comparable sales, reflecting continued broad-based momentum across each of our global segments," said McDonald's President and Chief Executive Officer Steve Easterbrook. "We remain focused on running better restaurants and elevating the experience for our customers by providing convenience on their terms through delivery, Experience of the Future, and our evolving digital channels."
We’re also seeing growth in the US, where we’ve been rolling out the Experience of the Future to the 14,000 restaurants in that market. Stores that have modernized to this new model are seeing sales lifts and increased customer satisfaction scores.
Remaining customer obsessed is at the forefront of our growth plan. From providing more convenient ways to eat our food, to helping create positive change in the markets in which we operate and source our ingredients, we’re committed to doing what’s right for our customers and our planet.
"Two years into the Velocity Growth Plan, our sustained performance gives us confidence that our strategy is working, as more customers are experiencing a better McDonald's every day,” said Easterbrook.
For more on our Q1 2019 Earnings statement, click here.