FOR IMMEDIATE RELEASE | FOR MORE INFORMATION CONTACT: |

Transcript

1. #1prepared remarks

   EX-99.1 2 exhibit991-6302026.htm EX-99.1

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   Exhibit 99.1 | | | | | | FOR IMMEDIATE RELEASE | FOR MORE INFORMATION CONTACT: | 8/4/2026 | Investors: Dexter Congbalay, investor.relations@us.mcd.com | | Media: Lauren Altmin, lauren.altmin@us.mcd.com |

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   McDONALD'S REPORTS SECOND QUARTER 2026 RESULTS

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   • Global Systemwide sales* increased 5% (4% in constant currencies) to $37 billion for the quarter

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   • Across 70 loyalty markets, Systemwide sales to loyalty members for the trailing twelve months increased over 20% to $40 billion, with 90-day active loyalty users up 13% to nearly 220 million as of quarter-end

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   • Skye Anderson, proven McDonald’s executive, appointed as President of McDonald’s USA to lead the Company's largest market

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   CHICAGO, IL - McDonald's Corporation today announced results for the second quarter ended June 30, 2026.

8. #8Chris Kempczinski · Chairman and CEO

   This quarter McDonald’s delivered positive comparable sales growth across every segment and acted decisively to strengthen execution as we prime McDonald’s for the next era of long-term growth,

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   Second quarter financial performance: • Global comparable sales increased 1.3%: • U.S. increased 0.8% • International Operated Markets increased 1.5% • International Developmental Licensed Markets increased 1.9% • Consolidated revenues increased 4% (2% in constant currencies). • Systemwide sales increased 5% (4% in constant currencies). • Consolidated operating income increased 3% (2% in constant currencies). Results reflected pre-tax charges of $52 million and $43 million for the current year and prior year, respectively, primarily related to restructuring charges associated with Accelerating the Organization. Excluding these current and prior year charges, consolidated operating income increased 4% (2% in constant currencies).** • Diluted earnings per share was $3.32, an increase of 6% (5% in constant currencies). Excluding the current year charges described above of $0.06 per share, diluted earnings per share was $3.38, an increase of 6% (5% in constant currencies) when also excluding prior year charges.**

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    *Refer to page 4 for a definition of Systemwide sales. **Refer to pages 2 and 3 for additional details on our results for the second quarter 2026 and 2025. 1

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    COMPARABLE SALES | | | | | | | | | | | | | | | | | Increase/(Decrease) | | | Quarters Ended June 30, | | | 2026 | | 2025 | U.S. | | 0.8 | % | | 2.5 | % | International Operated Markets | | 1.5 | | | 4.0 | | International Developmental Licensed Markets | | 1.9 | | | 5.6 | | Total Company | | 1.3 | % | | 3.8 | % |

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    • U.S.: Comparable sales results were driven by positive check growth, including favorable product mix, partly offset by negative comparable guest counts.

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    • International Operated Markets: Most markets reflected positive comparable sales, led by Germany, Australia and the U.K., partly offset by France.

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    • International Developmental Licensed Markets: Positive comparable sales were led by Japan, with all geographic regions reflecting positive comparable sales. Comparable sales results were partly offset by negative comparable sales in China.

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    KEY FINANCIAL METRICS - CONSOLIDATED Dollars in millions, except per share data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarters Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | Inc/ (Dec) | | | Inc/ (Dec) Excluding Currency Translation | | | 2026 | | 2025 | | Inc/ (Dec) | | | Inc/ (Dec) Excluding Currency Translation | | Revenues | $ | 7,099 | | | $ | 6,843 | | | 4 | | % | | 2 | | % | | $ | 13,616 | | | $ | 12,799 | | | 6 | | % | | 3 | | % | Operating income | 3,338 | | | 3,232 | | | 3 | | | | 2 | | | | 6,292 | | | 5,880 | | | 7 | | | | 4 | | | Net income | 2,362 | | | 2,253 | | | 5 | | | | 4 | | | | 4,345 | | | 4,121 | | | 5 | | | | 3 | | | Earnings per share-diluted | $ | 3.32 | | | $ | 3.14 | | | 6 | | % | | 5 | | % | | $ | 6.10 | | | $ | 5.74 | | | 6 | | % | | 3 | | % |

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    Results for 2026 included the following: • Net pre-tax charges of $52 million, or $0.06 per share, for the quarter and $99 million, or $0.11 per share, for the six months, primarily related to restructuring charges associated with the Company's internal effort to modernize ways of working ( Accelerating the Organization ) Results for 2025 included the following: • Pre-tax charges of $43 million, or $0.05 per share, for the quarter and $109 million, or $0.12 per share, for the six months, primarily related to restructuring charges associated with Accelerating the Organization Excluding the above items, results for the quarter and six months ended June 30, 2026 were primarily driven by higher sales-driven Franchised margins and higher Other operating income, partly offset by higher Selling, general and administrative expenses.

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    NET INCOME AND EARNINGS PER SHARE-DILUTED RECONCILIATION Dollars in millions, except per share data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarters Ended June 30, | | | Net Income | | Earnings per share - diluted | | 2026 | | 2025 | | Inc/ (Dec) | | | Inc/ (Dec) Excluding Currency Translation | | | 2026 | | 2025 | | Inc/ (Dec) | | | Inc/ (Dec) Excluding Currency Translation | | GAAP | $ | 2,362 | | | $ | 2,253 | | | 5 | | % | | 4 | | % | | $ | 3.32 | | | $ | 3.14 | | | 6 | | % | | 5 | | % | (Gains)/Charges, net of tax | 40 | | | 34 | | | | | | | | | 0.06 | | | 0.05 | | | | | | | | Non-GAAP | $ | 2,402 | | | $ | 2,286 | | | 5 | | % | | 4 | | % | | $ | 3.38 | | | $ | 3.19 | | | 6 | | % | | 5 | | % |

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    | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | Net Income | | Earnings per share - diluted | | 2026 | | 2025 | | Inc/ (Dec) | | | Inc/ (Dec) Excluding Currency Translation | | | 2026 | | 2025 | | Inc/ (Dec) | | | Inc/ (Dec) Excluding Currency Translation | | GAAP | $ | 4,345 | | | $ | 4,121 | | | 5 | | % | | 3 | | % | | $ | 6.10 | | | $ | 5.74 | | | 6 | | % | | 3 | | % | (Gains)/Charges, net of tax | 76 | | | 84 | | | | | | | | | 0.11 | | | 0.12 | | | | | | | | Non-GAAP | $ | 4,421 | | | $ | 4,206 | | | 5 | | % | | 2 | | % | | $ | 6.21 | | | $ | 5.86 | | | 6 | | % | | 3 | | % |

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    THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends. Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months, including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters, pandemics and acts of war, terrorism or other hostilities. Comparable sales exclude the impact of currency translation and the sales of any market considered hyper…

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    McDONALD'S CORPORATION CONDENSED CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) | | | | | | | | | | | | | | | | | | | | | | | | Dollars and shares in millions, except per share data | | | | | | Quarters Ended June 30, | 2026 | | 2025 | | Inc/ (Dec) | Revenues | | | | | | | | Revenues from franchised restaurants | $ | 4,393 | | | $ | 4,213 | | | $ | 180 | | | 4 | % | Sales by Company-owned and operated restaurants | 2,525 | | | 2,458 | | | 66 | | | 3 | | Other revenues | 182 | | | 172 | | | 10 | | | 6 | | | | | | | | | | TOTAL REVENUES | 7,099 | | | 6,843 | | | 256 | | | 4 | | | | | | | | | | Operating costs and expenses | | | | | | | | Franchised restaurants-occupancy expenses | 680 | | | 654 | | | 26 | | | 4 | | Company-owned and operated restaurant expenses | 2,138 | | | 2,078 | | | 60 | | | 3 | | Other restaurant expenses | 163 | | | 149 | | | 14 | | | 9 | | Selling, general & administrative expenses | | | | | | | | Depreciation and amortization | 111 | | | 106 | | | 5 | | | 5 | | Other | 706 | | | 595 | | | 111 | | | 19 | | Other operating (income) expense, net | (37) | | | 29 | | | (66) | | | n/m | Total operating costs and expenses | 3,760 | | | 3,611 | | |…

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    McDONALD'S CORPORATION CONDENSED CONSOLIDATED STATEMENT OF INCOME (UNAUDITED)

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    | | | | | | | | | | | | | | | | | | | | | | | | Dollars and shares in millions, except per share data | | | | | | Six Months Ended June 30, | 2026 | | 2025 | | Inc/ (Dec) | Revenues | | | | | | | | Revenues from franchised restaurants | $ | 8,399 | | | $ | 7,874 | | | $ | 525 | | | 7 | % | Sales by Company-owned and operated restaurants | 4,842 | | | 4,590 | | | 251 | | | 5 | | Other revenues | 375 | | | 334 | | | 41 | | | 12 | | | | | | | | | | TOTAL REVENUES | 13,616 | | | 12,799 | | | 817 | | | 6 | | | | | | | | | | Operating costs and expenses | | | | | | | | Franchised restaurants-occupancy expenses | 1,356 | | | 1,274 | | | 82 | | | 6 | | Company-owned and operated restaurant expenses | 4,170 | | | 3,937 | | | 233 | | | 6 | | Other restaurant expenses | 329 | | | 289 | | | 40 | | | 14 | | Selling, general & administrative expenses | | | | | | | | Depreciation and amortization | 222 | | | 213 | | | 9 | | | 4 | | Other | 1,354 | | | 1,170 | | | 184 | | | 16 | | Other operating (income) expense, net | (106) | | | 36 | | | (142) | | | n/m | Total operating costs and expenses | 7,324 | | | 6,918 | | | 406 | | | 6 | | | | | | | | | | OPERATING INCOME | 6,292 | …