McDonald's Corporation reported mixed first-quarter 2026 results. Total revenue rose 9% during the quarter. Revenue reached $6.52 billion. This figure exceeded the $6.47 billion consensus estimate. Adjusted earnings per share reached $2.83. This result beat the $2.74 forecast.
U.S. same-store sales grew by 3.9%. This performance fell short of Wall Street’s 4.2% projection. Value meals and promotions struggled to attract consumers facing higher costs.
CEO Chris Kempczinski described the current environment as challenging. Lower-income U.S. consumers are becoming more selective with their spending. McDonald's stock rose modestly in pre-market trading following the earnings beat.