McDonalds 2005 Annual Report Download - page 5

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To our valued shareholders:
2005 McDonald’s 3
I would like to begin this annual letter by thanking you for the invest-
ment you have made in McDonald’s. Equally important, I want you
to know that your McDonald’s management team is committed to
seeing your investment grow as a result of solid restaurant perform-
ance and sound financial discipline.
In 2005, we achieved both. Total systemwide sales for McDonald’s
restaurants increased 5.6 percent, while comparable sales grew
3.9 percent for the year. Notably, as of the end of December, we
posted our 32nd consecutive month of positive comparable sales for
our global system—enabling McDonald’s to surpass the $20 billion
mark in annual revenue for the first time in our history.
But record revenue was not the only historic mark McDonald’s made
in 2005. We also proudly celebrated our 50th anniversary last April—
a celebration that highlighted the unique opportunities McDonald’s
has created for literally millions of people over the past half century.
As your CEO, I am immensely proud to be at the helm of our organi-
zation as we begin the next 50 years, and I remain focused on the
three top priorities I outlined for shareholders in the 2004 annual
report. These include effective talent management and leadership
development, a commitment to play an active role in promoting
balanced, active lifestyles on behalf of our customers, and long-term,
profitable growth for you, our shareholders, and for the entire
McDonald’s System.