McDonald's Corporation Q2 2026 Earnings Recap

MCD Q2 2026 August 6, 2026

Get alerts when MCD reports next quarter

McDonald’s shares rose 3.3% as system-wide sales growth and global comparable sales slightly exceeded expectations, driven by new unit openings and strong international execution. However, U.S. comparable sales growth was below target due to inconsistent execution and weaker marketing effectiveness.

Earnings Per Share Beat

$3.38 vs $3.32 est.

+1.8% surprise

Revenue Miss

7099000000 vs 7128734000 est.

-0.4% surprise

Market Reaction

1-Day -0.64%

5-Day -0.76%

See MCD alongside your other holdings

Add to your portfolio — free

Key Takeaways

System-wide sales grew 4% in constant currency; global comparable sales grew 1.3%, with positive comps across all segments.
U.S. comparable sales grew only 0.8% in Q2, below internal expectations, hindered by inconsistent restaurant execution and lower consumer awareness of new value offerings.
New $3 Every Day Affordable Price (EDAP) and $4 Breakfast Meal Deal menus faced rollout challenges, dampening traffic incrementality.
Marketing programs did not meet expectations, and digital offer pullbacks impacted visits from loyal customers.
International markets continued solid execution with strong innovation, marketing, and value offerings supporting broadly stable results.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit MCD on AllInvestView.

Previous Q1 2026