McDonald’s reported stronger-than-expected quarterly earnings and revenue on Thursday, signaling continued consumer spending despite economic pressures and cautious household budgets.
The fast-food chain posted adjusted earnings of $2.83 per share, beating Wall Street expectations of $2.74, according to LSEG data. Revenue rose 9% year over year to $6.52 billion, also topping analyst estimates.
McDonald’s said first-quarter net income climbed to $1.98 billion from $1.87 billion a year earlier. Same-store sales increased 3.8%, helped by higher spending from customers at U.S. restaurants.
McDonald’s keeps on hammering value. Customers are responding, the company said in its earnings statement. https://t.co/TCJvSC1cff
— WSJ Business News (@WSJbusiness) May 7, 2026
CEO Chris Kempczinski described the current market as a “challenging environment” but said the company continued attracting diners through value offerings, marketing campaigns, and premium menu items.
The report said McDonald’s also saw solid international growth, with markets such as France, Germany, Australia, and Japan contributing to higher sales.
Shares of the company rose more than 3% in premarket trading following the earnings release.
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