McDonald's rises 5.67% as profit beats forecasts even with U.S. sales slipping
Global same-store sales grew 1.5% on international strength, and the company raised its dividend 4%.
McDonald's (MCD) shares were up $14.915, or 5.67%, at $277.955 as of 1:10 p.m. ET on Wednesday, compared with Tuesday's regular-session price of $263.04, after the fast-food chain reported mixed third-quarter results.
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Adjusted earnings came in at $3.57 per share, ahead of the $3.38 analysts polled by LSEG expected, CNBC reported. Revenue rose 1% to $7.16 billion, short of the $7.29 billion consensus. On a reported basis, net income was $2.49 billion, or $3.51 per share, up from $2.28 billion a year earlier.
Global comparable sales rose 1.5%, topping the 1.3% StreetAccount estimate cited by CNBC. The gains came from outside the U.S.: International Operated Markets rose 1.4% and International Developmental Licensed Markets rose 4.2%, while U.S. comparable sales fell 0.2%, the company said. Systemwide sales grew 4%.
On its earnings call, management said the U.S. is testing more entry-level value offers that it expects to launch in early 2027, and pointed to its specialty beverage lineup as a growth platform. The company also declared a 4% increase in its quarterly dividend to $1.93 per share.
Sources
- Nasdaq.com quote (MCD) — MCD last sale $277.955, net change +14.915, +5.67% as of Nov 4, 2026 1:10 PM ET (implies prior regular-session price $263.04).
- Yahoo Finance chart data (MCD) — Nov 3, 2026 regular-session price $263.04; $277.95 as of 13:09 ET Nov 4, 2026.
- CNBC — EPS $3.57 adjusted vs. $3.38 expected (LSEG); revenue $7.16 billion vs. $7.29 billion expected; net income $2.49 billion, or $3.51 per share, up from $2.28 billion a year earlier; same-store sales rose 1.5%, topping StreetAccount expectations of 1.3%.
- McDonald's Q3 2026 earnings release — Global comparable sales +1.5%; U.S. decreased 0.2%; International Operated Markets +1.4%; International Developmental Licensed Markets +4.2%; consolidated revenues +1%; systemwide sales +4%; quarterly dividend raised 4% to $1.93 per share.
- McDonald's Q3 2026 earnings call transcript (StockAnalysis) — U.S. testing additional entry-level value offerings expected to launch in early 2027 (2027); specialty beverages described as a global growth platform.