Record Profits? Record Profits.

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 31 January 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

The list of companies who had a more profitable 2022 than Exxon Mobil is decidedly short. (0:21) Bill Mann discusses: - McDonald's growing global sales by $20 billion during the pandemic - Exxon Mobil racking up an annual profit of more than $55 billion - Why Wall Street seemed disappointed by a share buyback plan smaller than Chevron's (10:40) Alison Southwick and Robert Brokamp discuss reasons to be both uplifted (and depressed) about the economy, debt, and pandas. Our new report, "5 Pullback Stocks" is available for free to Stock Advisor members. To access the report just go to www.fool.com/Pullback. Stocks discussed: MCD, XOM, AAPL, MSFT, CVX Host: Chris Hill Guest: Bill Mann, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineer: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today we learn that for some investors, $35 billion just isn't enough.
0:11.1	More on that in a bit.
0:12.1	Motley Fool Money starts now.
0:14.4	I'm Chris Hill, joining me today, Motley Fool's Senior Endless Bill Mann.
0:20.6	Thanks for being here.
0:21.6	Hey Chris, how are you?
0:23.4	I'm doing okay.
0:24.4	We're going to start with McDonald's.
0:26.7	Fourth quarter profits in revenue were higher than expected from McDonald's.
0:31.0	Their global same store sales were up 12.5%.
0:35.9	And yet, shares down a little bit today due to the guidance.
0:39.8	I want to get to the guidance in a second.
0:43.4	In terms of the quarter, this was about a solid set of results as you could hope for, I
0:49.0	think, if you're a shareholder.
0:51.4	So Jonathan Mays, who is the editor in chief at Restaurant Business Magazine, who I
0:56.6	think you know may have been on the show in the past.
1:00.4	Yes, I have interviewed Jonathan Mays.
1:03.0	Great follow on Twitter if you are interested in the nuts and bolts of the restaurant industry.
1:09.1	Yes, absolutely.
1:10.4	He made this point this morning, which blew my mind that since the pandemic, McDonald's
1:18.2	has increased global system sales by $20 billion, despite closing all of its restaurants
1:25.3	in Russia.
	...

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