NYSE$MCD
McDonald's · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
McDonald's performance was negatively impacted by COVID-19, resulting in declines in global comparable sales and consolidated revenues.
McDonald's Q1 2020 results were significantly affected by the COVID-19 pandemic, which led to restaurant closures, limited operations, and changes in consumer behavior. Global comparable sales and consolidated revenues decreased, and the company withdrew its 2020 Outlook due to the uncertainty related to the pandemic's impact.
- Global comparable sales decreased by 3.4%.
- Consolidated revenues decreased by 6% (5% in constant currencies).
- Diluted earnings per share decreased by 15% to $1.47 (13% in constant currencies).
- McDonald’s suspended its share repurchase program and increased its cash position with $6.5 billion in new debt financing.
Headline financials
Revenue & EPS history
McDonald's · Revenue · Quarterly
$4.71B
Revenue by segment
McDonald's · $2.3B total across 1 segment · Q1 2022
- Company-Owned Restaurants$2.3B—100.0%
Forward guidance
McDonald's withdrew its 2020 Outlook and its Long-Term Outlook due to the uncertainty related to the impact of COVID-19 on global economic conditions and the Company’s business operations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.3%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.1%
Avg return
30 days after
53%
39 / 73 earnings
Positive
+9.8%
Q3 2015
Best reaction
-6.2%
Q2 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | -3.2% | -1.5% | |
| Q4 2025 | +2.7% | +1.4% | +1.0% | |
| Q3 2025 | +2.3% | -0.0% | +4.0% | |
| Q2 2025 | +3.0% | +1.9% | +5.2% | |
| Q1 2025 | -1.9% | -0.9% | -1.8% | |
| Q4 2024 | +4.8% | +4.8% | +1.7% | |
| Q3 2024 | -1.8% | -0.5% | -0.6% | |
| Q2 2024 | +5.7% | +9.8% | +13.9% | |
| Q1 2024 | +0.3% | -1.2% | -7.9% | |
| Q4 2023 | -4.2% | -2.6% | -1.4% | |
| Q3 2023 | +2.5% | +4.7% | +9.6% | |
| Q2 2023 | +0.8% | -0.2% | -2.5% | |
| Q1 2023 | -1.2% | +0.9% | -2.6% | |
| Q4 2022 | -1.7% | -2.5% | -1.2% | |
| Q3 2022 | +7.0% | +6.4% | +7.2% | |
| Q2 2022 | +3.4% | +5.2% | +4.9% | |
| Q1 2022 | +0.8% | -0.5% | +1.9% | |
| Q4 2021 | +2.5% | +3.7% | -0.2% | |
| Q3 2021 | +3.8% | +6.0% | +5.7% | |
| Q2 2021 | -0.9% | -2.5% | -3.6% | |
| Q1 2021 | +1.6% | +0.6% | +0.6% | |
| Q4 2020 | +0.4% | +1.3% | -0.4% | |
| Q3 2020 | -1.5% | -1.5% | -3.6% | |
| Q2 2020 | -2.5% | -3.5% | +5.4% | |
| Q1 2020 | -2.7% | -4.6% | -0.8% | |
| Q4 2019 | +2.8% | +2.3% | -7.7% | |
| Q3 2019 | -5.1% | -7.3% | -8.3% | |
| Q2 2019 | +0.3% | -1.7% | +0.1% | |
| Q1 2019 | -1.5% | +0.2% | +1.1% | |
| Q4 2018 | -1.9% | -2.5% | +1.6% | |
| Q3 2018 | +6.4% | +4.0% | +9.7% | |
| Q2 2018 | -0.9% | -0.8% | +0.3% | |
| Q1 2018 | +3.2% | +4.3% | +2.2% | |
| Q4 2017 | -3.7% | -4.7% | -12.4% | |
| Q3 2017 | +0.1% | +1.3% | +3.5% | |
| Q2 2017 | +3.1% | +2.6% | +4.3% | |
| Q1 2017 | +4.9% | +4.2% | +11.6% | |
| Q4 2016 | -1.0% | +0.5% | +4.6% | |
| Q3 2016 | +2.7% | +1.4% | +8.5% | |
| Q2 2016 | -6.2% | -7.7% | -9.4% | |
| Q1 2016 | +1.3% | — | — | |
| Q4 2015 | +1.7% | — | — | |
| Q3 2015 | +9.8% | — | — | |
| Q2 2015 | -1.5% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | -0.7% | — | — | |
| Q2 2014 | -2.3% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | -0.5% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | -3.5% | — | — | |
| Q1 2013 | -2.5% | — | — | |
| Q4 2012 | +0.4% | — | — | |
| Q3 2012 | -4.7% | — | — | |
| Q2 2012 | -3.8% | — | — | |
| Q1 2012 | -0.1% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2011 | -2.6% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q1 2009 | -3.8% | — | — | |
| Q1 2010 | +0.5% | — | — | |
| Q4 2007 | -0.6% | — | — | |
| Q4 2009 | -0.6% | — | — | |
| Q3 2008 | +2.4% | — | — | |
| Q3 2009 | +2.4% | — | — | |
| Q2 2009 | +0.2% | — | — | |
| Q4 2008 | +0.2% | — | — | |
| Q2 2008 | +0.2% | — | — |
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