MCDMcDonald's Corporation
McDonald's Corporation sells burgers, fries, and coffee — the kind of food that makes people happy and keeps them coming back for more. The next catalyst is Nov 5, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to translate global supply chain improvements and menu innovation into bottom-line growth.
- McDonald's operates 39,000 locations across 120 countries, with a focus on high-traffic, high-margin fast food.
- The company’s global expansion has been a key driver of revenue growth, but recent inflationary pressures and supply chain bottlenecks have tested margins.
- Free cash flow remains robust at $7.38B TTM, but net income has been pressured by rising input costs and currency headwinds.
The schedule
- Thu5Nov
Q3 2026 earnings release with guidance for Q4 2026 and FY2027. Key metrics include revenue, same-store sales, and franchisee performance.
- Tue9Feb
- Mon10May
- Fri6Aug
Past
- Fri7Aug
Actual outcome: Mixed
McDonald's reported an EPS actual of 3.32, matching estimates, but the stock closed below the bull target of $292.00 and fell toward the bear floor of $265.00. The earnings call highlighted execution gaps in the U.S. business and challenges with the value menu rollout, which raised concerns about operational performance and customer engagement, leading to the bearish price action.
McDonald's reported an EPS actual of 3.32, matching estimates, but the stock closed below the bull target of $292.00 and fell toward the bear floor of $265.00. The earnings call highlighted execution gaps in the U.S. business and challenges with the value menu rollout, which raised concerns about operational performance and customer engagement, leading to the bearish price action.
- Sun15Mar
Actual outcome: Bear · $306.26 at outcome
While McDonald's reported strong 9.5% revenue growth, the 'Value War' catalyst materialized as a significant headwind as the company was forced to implement a defensive $3-and-under menu to maintain market share. This aggressive discounting coincided with record-high beef prices, creating a clear margin squeeze that drove the stock
While McDonald's reported strong 9.5% revenue growth, the 'Value War' catalyst materialized as a significant headwind as the company was forced to implement a defensive $3-and-under menu to maintain market share. This aggressive discounting coincided with record-high beef prices, creating a clear margin squeeze that drove the stock
- Tue24Feb
Actual outcome: Bull · $327.58 at outcome
McDonald's delivered a strong fundamental beat, surpassing estimates for both Q4 EPS ($3.12 vs $3.05) and revenue, driven by accelerating global comparable sales. The key catalyst was the successful execution of its value strategy, which boosted US traffic (U.S. comps +6.8%) and mitigated concerns over consumer fatigue and geopolitical headwinds. This robust performance confirmed regained momentum and led analysts to raise targets, driving the stock well past the $318.50 bull target.
McDonald's delivered a strong fundamental beat, surpassing estimates for both Q4 EPS ($3.12 vs $3.05) and revenue, driven by accelerating global comparable sales. The key catalyst was the successful execution of its value strategy, which boosted US traffic (U.S. comps +6.8%) and mitigated concerns over consumer fatigue and geopolitical headwinds. This robust performance confirmed regained momentum and led analysts to raise targets, driving the stock well past the $318.50 bull target.
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