- McDonald’s Corp (NYSE: MCD) reported a second-quarter FY22 sales decline of 3% year-on-year to $5.72 billion, missing the consensus of $5.82 billion. Global comparable sales rose 9.7%, with a 3.7% growth in the U.S. Systemwide sales increased 4%. Digital Systemwide sales in the company’s top six markets exceeded $6 billion, representing nearly a third of total Systemwide sales. Sales by company-operated restaurants declined 15% Y/Y to $2.1 billion, while sales from franchised restaurants rose 7% to $3.5 billion. Company-operated margins were negatively impacted by the restaurant closures in Russia and Ukraine and by inflationary pressures on labor and commodities. Total operating costs and expenses rose 25% Y/Y to $4 billion. The operating margin was 29.9%, and operating income for the quarter declined 36% to $1.7 billion. Adjusted EPS of $2.55 beat the analyst consensus of $2.47. MCD shares are trading higher. NN: Where is the beef? Because their sure as shit its a company entering into the depression….. I wonder if they know?