Note: The start time of the fiscal year of each company is different from the natural year, so there may be inconsistencies between the fiscal quarter and the year and the natural year.
Starbucks announced results for the fiscal first quarter ended December 31, 2023. Total net revenue for the quarter was $9,425 million, compared to $8,714 million in the year-ago quarter. Net income attributable to the Company for the quarter was $1,024 million, compared to $855 million in the year-ago quarter. In the fiscal first quarter, same-store sales at the company's stores that are more than one year old increased 5%.
McDonald's announced its fourth-quarter 2023 results. Quarterly revenue was $6.41 billion, up 8.1% year-over-year, and net income was $2.039 billion, up 7% year-over-year. Comparable sales increased by 3.4 percent. This is the slowest pace since the fourth quarter of 2020.
Darden Restaurants announced results for the fiscal second quarter ended November 26, 2023. Quarterly sales were $2,727 million, compared to $2,487 million in the year-ago quarter. Net income for the quarter was $212 million, compared to $187 million in the year-ago quarter.
Chipotle Mexican Grill has announced its fourth-quarter and full-year 2023 results. Total revenue for the quarter was $2,516 million, compared to $2.18 billion in the year-ago quarter. Net income for the quarter was $282 million, compared to $224 million in the year-ago quarter. Total revenue for the year was $9.87 billion, compared to $8.63 billion in the previous year. Net income for the full year was US$1.23 billion, compared to US$0.9 billion in the previous year.
Yum China reports unaudited financial results for the fourth quarter and full year 2023. Total revenue for the fourth quarter increased 19% to $2.49 billion. Operating profit increased 170% to $110 million. Net profit was US$97 million, an increase of 81% year-on-year. Total revenue for 2023 increased 15% to $10.98 billion. Operating profit increased 76% to $1.1 billion. Net profit was US$827 million, an increase of 87% year-on-year.
Yum, the operator of the KFC and Pizza Hut restaurant chains! Brands, Inc. Announces Fourth Quarter and Full Year 2023 Results. Total revenue for the quarter was $2,036 million, compared to $2,019 million in the year-ago quarter. Net income for the quarter was $463 million, compared to $371 million in the year-ago quarter. Total revenue for the full year was $7,076 million, compared to $6,842 million in the previous year. Net profit for the full year was US$1,597 million, compared to US$1,325 million in the previous year.
Burger King's parent company, restaurant brand International (RBI), announced its fourth-quarter and full-year 2023 results. Total revenue for the quarter was $1.82 billion, compared to $1.689 billion in the year-ago quarter. Net income for the quarter was $726 million, compared to $336 million in the year-ago quarter. Total revenue for the year was $7,022 million, compared to $6,505 million in the previous year. Net profit for the year was US$1,718 million, compared to US$1,482 million in the previous year.
Haidilao released its 2023 annual performance report. In 2023, Haidilao's overall revenue will be 41.453 billion yuan (about 5.735 billion US dollars), a year-on-year increase of 33.6%. Profit for the year was RMB4,495 million, representing a year-on-year increase of 174.6%. In 2023, Haidilao will receive nearly 400 million customers, with an average of more than 1 million daily visits. In 2023, the overall turnover rate of Haidilao restaurants will be 3.8 times per day, a year-on-year increase of 26.7%.
Domino's Pizza, Inc. Announced fourth quarter and full year 2023 results. Total revenue for the quarter was $1,403 million, compared to $1,392 million in the year-ago quarter. Net income for the quarter was $157 million, compared to $158 million in the year-ago quarter. Total revenue for the full year was $4,479 million, compared to $4,537 million in the previous year. Net income for the full year was $519 million, compared to $452 million in the previous year.
Philippine fast-food company Jollibee Group has announced its fourth-quarter and full-year 2023 results. Quarterly revenue was 66.697 billion Philippine pesos (about 1.185 billion U.S. dollars), compared to 61.546 billion pesos in the same period last year, an increase of 8.4% year-on-year. Net profit attributable to shareholders of the parent company for the quarter was 1,943 million pesos, compared to 320 million pesos in the prior-year period. Full-year revenue was 244.1 billion Philippine pesos (about 4.34 billion US dollars), compared to 211.9 billion pesos in the previous year, a year-on-year increase of 15.2%. Net profit attributable to shareholders of the parent company for the full year was 8,766 million pesos, compared to 7,559 million pesos in the previous year.
Brinker International Inc, the operator of the Chili's and Maggiano's restaurant chains, announced results for the fiscal second quarter ended December 27, 2023. Total revenue for the quarter was $1,074 million, compared to $1,019 million in the year-ago quarter. Net income for the quarter was $42.1 million, compared to $27.9 million in the year-ago quarter.
Luckin Coffee announced its financial results for the fourth quarter and full year of 2023. Net revenue in the fourth quarter was 7.065 billion yuan (about 978 million US dollars), a year-on-year increase of 91.2%. Net profit for the quarter was 296 million yuan, compared to 54.5 million yuan in the same period last year. Non-GAAP net income was $357 million, compared to $167 million in the same period last year. Total net revenue in 2023 will be 24.9 billion yuan (about 3.45 billion US dollars), an increase of 87.3% from 13.293 billion yuan in 2022. The net profit for the year was 2.848 billion yuan, and the net profit in 2022 was 488 million yuan. As of the end of the fourth quarter, the number of stores was 16,248, including 10,628 self-operated stores and 5,620 affiliated stores.
Papa John's International Announces Fourth Quarter and Full Year 2023 Results. Total revenue for the quarter was $571 million, compared to $526 million in the year-ago quarter. Net income attributable to the Company for the quarter was $26.09 million, compared to $23.51 million in the same period last year. Total revenue for the full year was $2,135 million, compared to $2,102 million in the previous year. Net profit attributable to the company for the full year was US$82.1 million, compared to US$67.77 million in the previous year.
The Wendy's Company Announces Fourth Quarter and Full Year 2023 Results. Total revenue for the quarter was $537 million, compared to $541 million in the year-ago quarter. Net income for the quarter was $41.3 million, compared to $46.9 million in the year-ago quarter. Total revenue for the year was $2,096 million, compared to $2,182.2 million in the previous year. Net income for the full year was $177 million, compared to $204 million in the previous year.
According to Saizeriya's consolidated financial report for September ~ November 2023, net profit was 2.7 billion yen, double that of the same period last year. Sales in September~November increased by 22% year-on-year to 52.6 billion yen (approximately 347 million US dollars), and operating profit was 3.4 billion yen, doubling that of the same period last year. Operating profit in Asia increased 56% year-on-year to 3.2 billion yen. In China, a major market in Asia, the number of out-of-home users recovered from the pandemic, and Saizeriya added new stores in Guangzhou and other places, contributing to the performance.
JAPAN'S YOSHINOYA HOLDINGS ANNOUNCED ITS FISCAL YEAR RESULTS (MARCH 1, 2023 – FEBRUARY 28, 2024). Net sales for the full year were 168.1 billion yen (about 1.11 billion U.S. dollars), compared to 153.6 billion yen in the previous year. Operating profit for the fiscal year was 3,434 million yen, compared to 2,365 million yen in the previous year. Net income attributable to owners of the parent company for the fiscal year was 7,234 million yen, compared to 8,116 million yen in the previous year.
Shake Shack Announces Fourth Quarter and Full Year 2023 Results. Total revenue for the quarter was $286 million, compared to $239 million in the year-ago quarter. Net income attributable to the Company for the quarter was $6.77 million, compared with a net loss of $7.76 million in the same period last year. Total revenue for the full year was $1,088 million, compared to $900 million in the previous year. The net profit attributable to the company for the year was US$19.81 million, compared with a net loss of US$21.14 million in the previous year.
Xiabu Xiabu announced its 2023 results. The annual revenue was 5.918 billion yuan (about 818 million US dollars), an increase of 25.3% year-on-year. The loss attributable to the company's owners was 199 million yuan, a year-on-year decrease of 43.5%. Revenue from Xiabu Xiabu and Coucou restaurants continued to be the main source of the Group's revenue, accounting for 95.9% of the Group's total revenue. In 2023, the group will open a total of 186 new restaurants, including 131 Xiabu Xiabu restaurants, 48 Coucou restaurants and 7 Ho Yao restaurants. In 2023, the group will close a total of 114 restaurants, including 99 Xiabu Xiabu restaurants and 15 Coucou restaurants. In 2023, the total number of restaurants operating under the Group will be 1,098.
Nai Xue's tea released its 2023 annual report and achieved a full year profit. The annual revenue was RMB5.164 billion (approximately US$714 million), a year-on-year increase of 20.3%, the operating profit of stores was approximately RMB829 million, a year-on-year increase of 76.3%, and the net profit attributable to shareholders of the Company was RMB13.22 million. There are about 1,800 stores in Nai Xue's tea nationwide, and as of the end of February 2024, more than 200 Nai Xue's tea franchise stores have been opened.
Domino's China announced its audited annual results for fiscal year 2023. Full-year revenue for FY2023 was RMB3.05 billion (approximately US$422 million), an increase of 51.0% from RMB2.02 billion in FY2022. Adjusted EBITDA was $300 million, up 117.7% from $140 million in fiscal 2022. Adjusted net profit was $8.8 million, compared to an adjusted net loss of $110 million in FY2022. Same-store sales grew by 8.9%. In 2023, the company will add 180 net new stores and enter 13 new cities, and as of December 31, 2023, the company directly operates 768 stores in 29 cities in Chinese mainland. As of fiscal year 2023, the average daily sales per store will be 12,580 yuan, a year-on-year increase of 9.9%.
TH International Limited (Tims China) announced its financial results for the fourth quarter and full year 2023. According to the financial report, the total revenue in the fourth quarter reached 391 million yuan (about 55.1 million US dollars), a year-on-year increase of 29.8%. The quarterly net loss attributable to shareholders of the company was 312 million yuan. Full-year revenue was RMB1.576 billion (approximately US$222 million), representing a year-on-year increase of 55.9%. The net loss attributable to shareholders of the company for the year was 876 million yuan.
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