McDonald's Q2 Revenue Hits $7.1B, EPS of $3.32 Beats Estimates as US Sales Growth Slows

McDonald's posted Q2 revenue of $7.099 billion and earnings per share of $3.32, beating market expectations, according to an SEC Form 8-K filing. As of 3:05 a.m. KST on August 5, shares traded at $267.12, up 0.71% from the previous close.

📊 Price at Time of Writing (Aug 5, 2026, 03:05 KST)
$267.12 ▲ +0.71%

Earnings at a Glance

McDonald's said Q2 2026 (April-June) revenue rose 4% year-over-year, driven by improved franchise margins. However, US comparable sales growth slowed sharply to 0.8%, down from 2.5% in the same period last year. A decline in customer traffic was partly offset by higher average check sizes.

• Revenue: $7.099 billion, +4% year-over-year
• Earnings per share (EPS): $3.32, up 6% from $3.14 a year earlier. Excluding one-time items such as restructuring costs, adjusted EPS was $3.38
• Operating income: $3.338 billion, +3% year-over-year
• Net income: $2.362 billion, +5% year-over-year
• Global systemwide sales: $37 billion, +5%
• Comparable sales (stores open at least one year): Global +1.3%, US +0.8% (vs. 2.5% a year ago), International Operated Markets +1.5%, International Developmental Licensed Markets +1.9%

Market Reaction

International media reported that the results beat market expectations, though specific Wall Street consensus figures were not disclosed. Fox Business attributed the slowdown in US comparable sales to weakening spending power among lower-income consumers. Alongside the earnings release, McDonald's named Sky Anderson as the new president of McDonald's USA. The Los Angeles Times and other outlets reported that the sluggish US sales prompted the leadership change. Following the announcement, shares rose modestly, closing up 0.71% at $267.12.

Loyalty Program

McDonald's said loyalty program sales grew more than 20% over the past year across the 70 countries where the program operates, reaching $40 billion. The number of active loyalty members within the past 90 days rose 13% to approach 220 million by the end of Q2.

This article was automatically generated based on the original SEC Form 8-K filing and international media reports, with the goal of delivering key data quickly after the announcement. Readers are advised to consult the company's official disclosure before making trading decisions. The stock price reflects the time of writing and may differ from the current price.