McDonald's stock gets earnings lift as U.S. sales remain under pressure

McDonald's reported third-quarter results on November 4, 2026, with adjusted earnings ahead of expectations and a continued split between international growth and softer U.S. demand. The company's third-quarter release covers the period ended September 30.

Profit growth meets weaker U.S. demand

Global comparable sales increased 1.5%, while consolidated revenue rose 1%. Adjusted diluted earnings per share reached 3.57 US dollars, excluding 0.06 US dollars per share related to restructuring charges. Reported diluted earnings per share was 3.51 US dollars.

The geographic mix remained important. Comparable sales declined 0.2% in the United States, while International Operated Markets grew 1.4% and International Developmental Licensed Markets advanced 4.2%. McDonald's said negative U.S. guest counts were largely offset by higher average checks.

What changed since the last report

Management said U.S. performance improved as the quarter progressed after its value initiatives. Global systemwide sales increased 4% to more than 38 billion US dollars, and adjusted operating income rose 8%.

McDonald's stock traded at 247.25 euros on Lang & Schwarz at 16:11 CET on Friday, November 6, 2026. That was 5.08% above the 235.30-euro quote in the relevant November 3 report, a separate comparison from any Xetra daily close.

Investors can find the real-time quote of McDonald's stock on the company snapshot page.

The broader U.S. equity backdrop remains relevant for investors, with the S&P 500 serving as the main benchmark for the company's home market.

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