Financial Data and Key Metrics Changes - In 2025, McDonald's achieved system-wide sales of nearly $140 billion, reflecting a 5.5% increase in constant currency for the full year [3][4] - Global comparable sales rose by 5.7% in Q4, with U.S. comp sales increasing by 6.8%, driven by positive check and guest count growth [10][12] - Adjusted earnings per share for Q4 was $3.12, with a 7% increase on a constant currency basis compared to the prior year [16] Business Line Data and Key Metrics Changes - The U.S. franchisees experienced cash flow growth due to stronger value offerings, while international operated markets saw comp sales up 5.2% [6][13] - The U.K., Germany, and Australia delivered comp sales growth in the mid to high single digits, contributing to overall international performance [13][14] Market Data and Key Metrics Changes - In the U.K., the turnaround continued with market share gains for the first time in over a year, driven by successful promotions [13] - Japan's performance remained strong, supported by the launch of the My McDonald's Rewards loyalty program [16] Company Strategy and Development Direction - McDonald's plans to accelerate new restaurant openings, targeting approximately 2,600 gross openings in 2026, aiming for 50,000 restaurants by the end of 2027 [4][29] - The company emphasizes a focus on value, marketing, and menu innovation to drive customer engagement and sales growth [5][8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in McDonald's ability to outperform competitors by focusing on controllable factors and leveraging global scale [25][26] - The company anticipates a challenging QSR industry environment in 2026 but believes it is well-positioned to benefit disproportionately if conditions improve [25][26] Other Important Information - McDonald's capital expenditure for 2025 was $3.4 billion, with expectations to increase to between $3.7 billion and $3.9 billion in 2026 [17][29] - The company aims for a net income to free cash flow conversion rate in the low- to mid-80% range for 2026, consistent with 2025 [30] Q&A Session Summary Question: U.S. sales trajectory in 2026 - Management highlighted the importance of the McValue program and the success of marketing initiatives like Monopoly and Grinch, emphasizing the need for execution [38][40][41] Question: Impact of pricing strategies on restaurant-level margins - Management noted that predictable value and price-pointed items are both essential, with strong top-line sales growth necessary for margin improvement [45][49][50] Question: Capital budget increase rationale - The increase in capital budget is attributed to a focus on new store openings and addressing gaps in trading areas, with a commitment to maintaining growth [51][52][54] Question: Momentum in pipeline ideas and foundational changes - Management acknowledged the importance of innovation and the need to adapt to changing consumer expectations, emphasizing the role of technology and category management [57][59][61] Question: Changes needed in kitchen operations for taste and quality goals - Management indicated that improvements in taste and quality will be explored without preconceived constraints, with a focus on upcoming remodel cycles [64][66]

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Chicago-based fast-casual brand Portillo’s has named Brett Patterson as the company’s new president and CEO, effective Monday, Feb. 23. Patterson, who most recently served as CEO of Miller’s Ale House, succeeds Michael Osanloo, who exited the company five months ago. Patterson will also serve on the company’s board of directors. “Brett has all the right qualities to lead Portillo’s into its next chapter of growth,” Port ...

McDonald's reported the fastest growth in comparable sales, both in the U.S. and globally, in more than two years. ...

Core Insights - Portillo's has appointed Brett Patterson as President and CEO, effective February 23, 2026, who will also join the Board of Directors [1] - Patterson has extensive leadership experience in the restaurant industry, focusing on operations, team development, and sustainable growth [2] - The Board believes Patterson possesses the necessary qualities to lead Portillo's into its next growth phase while maintaining the brand's unique identity [3] Company Overview - Portillo's is a fast-casual restaurant chain based in Chicago, known for its Italian beef sandwiches, Chicago-style hot dogs, and other menu items, with over 100 locations across 11 states [5] - The company operates a model that combines dine-in, drive-thru, takeout, and delivery, aiming to provide an experience-focused dining environment [5] - Portillo's is committed to expanding its brand and bringing its iconic food to a wider audience across the country [5] Leadership Vision - Patterson aims to enhance the company's overall strategy, focusing on market positioning, new restaurant growth, and operational excellence [3] - He emphasizes the importance of investing in team members and improving the guest experience as part of the company's growth strategy [3][4] - Patterson expresses excitement about joining Portillo's, highlighting the brand's strong culture and passionate fan base [4]

Here's a look at the key figures from the quarter. MCD stock is moving. Watch the price action here.The Details: McDonald’s reported earnings of $3.12 per share, which beat the Street estimate of $3.04, according to data from Benzinga Pro.Quarterly revenue of $7.01 billion beat the analyst estimate of $6.84 billion and was up from $6.39 billion in the same period last year.McDonald’s reported the following fourth quarter highlights:“McDonald’s value leadership is working,” said CEO Chris Kempczinski. “By li ...

McDonald's beats quarterly global sales estimates as value bets pay off | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]McDonald's logo is seen in this illustration taken August 5, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies- Summary- McDonald's value promotions attract budget-conscious US diners- Revenue jumps 10% to $7.01 billion- Q4 global same-store sales rise 5.7%, beating 3.7% e ...

US sales of McDonald’s grew at the fastest pace in more than two years in the fourth quarter as value meals continued to resonate with cost-conscious diners https://t.co/r0aB4XtJP7 ...

Core Viewpoint - McDonald's reported strong quarterly earnings and revenue that exceeded analysts' expectations, driven by a focus on value and affordability, leading to increased customer traffic [1]. Financial Performance - The company reported a fourth-quarter net income of $2.16 billion, or $3.03 per share, an increase from $2.02 billion, or $2.80 per share, a year earlier [1]. - Excluding restructuring charges, McDonald's earned $3.12 per share, surpassing the expected $3.05 [5]. - Net revenue rose by 10% to $7 billion, exceeding the expected $6.84 billion [5]. Same-Store Sales Growth - Same-store sales increased by 5.7%, outperforming Wall Street's projection of 3.9% [2]. - U.S. same-store sales grew by 6.8%, rebounding from a decline of 1.4% in the previous year due to an E. coli outbreak [3]. - Internationally, same-store sales growth was reported in nearly all markets, with the international operated markets segment achieving 5.2% growth and the international developmental licensed markets division seeing a 4.5% increase [4]. Promotions and Value Offerings - The company attributed its sales growth to successful promotions, such as the Grinch meal and Monopoly, which enhanced customer traffic and sales [3]. - McDonald's expanded its value offerings by relaunching Extra Value Meals, providing approximately a 15% discount on combo meals [3].

Company Overview - BJ's Restaurants, Inc. is a national casual dining brand founded in 1978, operating over 200 restaurants across 31 states [2] - The company is known for its chef-crafted menu, which includes signature deep-dish pizzas, slow-roasted entrees, wings, and the famous Pizookie® dessert [2] - BJ's has been recognized for its craft brewing, winning the 2025 Vibe Vista Award for Best Beer Program and the 2024 Best Overall Beverage Program [2] Upcoming Financial Results - BJ's Restaurants will release its fourth quarter and fiscal year 2025 results after the market closes on February 25, 2026 [1] - An investor conference call is scheduled for 2:00 p.m. (Pacific) on the same day, which will be broadcast live over the Internet [1] - The presentation will be available for 30 days following the call [1]

Core Insights - McDonald's reported a 20% increase in systemwide sales to loyalty members, reaching nearly $37 billion for the full year 2025, with 90-day active loyalty users up 19% to nearly 210 million [1] - Global systemwide sales increased by 7% to over $139 billion, with a growth of $9 billion, while comparable sales for the fourth quarter rose by 5.7% [1] - The company's diluted earnings per share for the fourth quarter was $3.03, an increase of 8%, and for the full year, it was $11.95, up 5% [1] Financial Performance - Fourth quarter global comparable sales increased by 5.7%, with the U.S. market growing by 6.8%, International Operated Markets by 5.2%, and International Developmental Licensed Markets by 4.5% [1] - For the full year, global comparable sales rose by 3.1%, with the U.S. increasing by 2.1%, International Operated Markets by 3.2%, and International Developmental Licensed Markets by 4.6% [1] - Consolidated operating income for the fourth quarter increased by 6%, while for the full year, it rose by 6% as well, despite net pre-tax charges of $229 million related to restructuring [1] Revenue and Expenses - Total revenues for the fourth quarter were $7,009 million, a 10% increase from the previous year, while full-year revenues reached $26,885 million, up 4% [3] - Revenues from franchised restaurants for the fourth quarter were $4,311 million, a 9% increase, while sales from company-owned and operated restaurants were $2,536 million, a 10% increase [3] - Operating costs and expenses for the fourth quarter totaled $3,853 million, up 9% from the previous year, with significant increases in occupancy expenses and other restaurant expenses [3] Cash Flow and Investments - Cash provided by operations for the full year was $10,551 million, compared to $9,447 million in the previous year, indicating strong operational cash flow [3] - Free cash flow for the year was $7,186 million, up from $6,672 million, reflecting the company's ability to convert net profits into cash resources [3] - Capital expenditures for the year were $3,365 million, an increase from $2,775 million, indicating ongoing investment in the business [3]