McDonald’s Corp. (NYSE:MCD) stock jumped nearly 6% Wednesday after the fast-food giant reported better-than-expected third-quarter earnings, supported by strong international performance.
S. business through value meals and promotions.
S. business.
38. 285 billion.
5%, while systemwide sales increased 4% in constant currency, supported by new restaurant openings. S.
S. 2% year over year, with declines in July and August followed by a return to growth in September.
S. business trends, with comparable sales turning positive in September and October.
S. restaurants ahead of a nationwide rollout in early 2027.
S. locations.
Specialty Beverages Fuel Growth CFO Ian Borden said orders featuring specialty beverages generate average checks about 50% higher than the daily average. , Germany, Canada and Australia.
McDonald’s plans to expand its specialty beverage platform to more than 7,000 additional European restaurants by mid-2027. 5 percentage points of beverage market share by 2030.
2% in International Developmental Licensed Markets. Australia and Germany led growth in International Operated Markets, while Japan drove performance in International Developmental Licensed Markets.
Despite weak consumer spending in Europe, McDonald’s maintained or gained market share across most of its major markets. Management expects protests in France and disruptions in Ukraine to weigh on fourth-quarter results.
McDonald’s Warns of Higher Costs in 2027 Kempczinski warned that McDonald’s expects food and paper costs to rise by mid-single digits in 2027, above historical levels. He said the company must carefully balance price increases with affordability as it works to attract budget-conscious customers.
“We’ve learned the lesson over the last 18 months that you need to proceed very cautiously with that,” management said during the earnings call. “We’ve learned the lesson over the last 18 months that you need to proceed very cautiously with that,” Kempczinski said during the earnings call, referring to pricing decisions.
AI and Restaurant Expansion Plans McDonald’s Next strategy focuses on improving customer experience, menu offerings and restaurant efficiency. S.
restaurants in 2027, with annual renovations exceeding 5,000 restaurants globally starting in 2028. S.
restaurants by the end of 2027. McDonald’s aims to franchise 98% of its global restaurants by 2028.
Management reaffirmed plans to open approximately 2,100 net new restaurants globally in 2026. 9 billion.
92 at the time of publication on Wednesday, according to Benzinga Pro data.
