McDonald’s Company (MCD) Q3 2024 Earnings Name Transcript

McDonald’s Firm (NYSE:MCD) Q3 2024 Earnings Conference Title October 29, 2024 8:30 AM ET

Agency Members

Scott Meader – Interim Treasurer
Chris Kempczinski – Chairman & Chief Govt Officer
Ian Borden – Chief Financial Officer

Conference Title Members

David Palmer – Evercore
John Ivankoe – JPMorgan
Dennis Geiger – UBS
David Tarantino – Baird
Brian Harbour – Morgan Stanley
Sara Senatore – Monetary establishment of America
Eric Gonzalez – KeyBanc
Lauren Silberman – Deutsche Monetary establishment
Jeff Bernstein – Barclays
Jon Tower – Citi

Operator

Howdy, and welcome to McDonald’s Third Quarter 2024 Investor Conference Title. On the request of McDonald’s Firm, this conference is being recorded. Following at current’s presentation, there shall be a question-and-answer session for merchants. [Operator Instructions]

I’d now like to point out the conference over to Mr. Scott Meader, Interim Treasurer for McDonald’s Firm. Mr. Meader, you could possibly begin.

Scott Meader

Good morning, all people, and thanks for turning into a member of us. With me on the choice at current are Chairman and Chief Govt Officer, Chris Kempczinski; and Chief Financial Officer, Ian Borden.

As a reminder, the forward-looking statements in our earnings launch and 8-Okay submitting moreover apply to our suggestions on the choice at current. Every of those paperwork could be discovered on our website, as are reconciliations of any non-GAAP financial measures talked about on at current’s identify, along with their corresponding GAAP measures.

Following prepared remarks this morning, we’re going to take your questions. Please limit your self to not less than one question after which re-enter the queue for any additional questions. For the time being’s conference identify is being webcast and can be being recorded for replay by the use of our website.

And now, I’ll flip it over to Chris.

Chris Kempczinski

Thanks, Scott, and good morning, all people.

I look forward to sharing our third quarter effectivity and the progress we’ve bought made on key initiatives in direction of a tough backdrop