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McDonald’s revenue misses estimates as chain looks to accelerate U.S. growth
Comparable U.S. sales rose 0.8%, below estimates, as McDonald’s leaned on value deals and named Skye Anderson to lead its U.S. business.
- On Tuesday, McDonald reported second-quarter U.S. comparable sales growth of 0.8%, missing analyst estimates of 1.06%, while naming Skye Anderson to lead its U.S. business, replacing Joe Erlinger.
- Economic worries and intensifying competition forced McDonald to lean on affordability deals like the McValue platform, though initiatives faced headwinds from difficult year-ago comparisons including the popular Minecraft-themed meal and Snack Wrap promotions.
- Despite the U.S. sales miss, Net income rose 5% to $2.36 billion; Adjusted Earnings reached $3.38 per share, up from $3.19 a year earlier, while Shares climbed 2.5% in premarket trading.
- Globally, comparable sales rose 1.3%, while Europe sales slowed to 1.5%, as CEO Chris Kempczinski stated, "While our playbook is working around the world, we see an opportunity to raise the bar in the U.S."
- Shares have fallen more than 11% this year, dragging market cap down to roughly $191 billion, as higher prices for basic goods continue pressuring the chain's lower-income customer base.
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McDonald’s sales in the US are slowing after deal fatigue
By Jordan Valinsky, CNN New York (CNN) — McDonald’s recently revved up the amount of deals and discounts it offers to attract more customers. That strategy seems to have hit a roadblock. The burger chain on Tuesday reported its slowest growth since 2025, with US sales rising just 0.8% in the second quarter. McDonald’s blamed The post McDonald’s sales in the US are slowing after deal fatigue appeared first on KRDO.
·Colorado Springs, United States
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The network obtained an adjusted share utility of US$3.38, compared to the US$3.32 expected by the analysts.
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Coverage Details
Total News Sources10
Leaning Left2Leaning Right1Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 22%
C 67%
11%
Factuality
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