McDonald’s posts strong second quarter profit, names new chief of US operations
Summary
McDonald’s reported strong profits for the second quarter of 2025 despite slower sales growth in the U.S. The company named Skye Anderson as the new president of its U.S. operations amid challenges like higher gas prices and cautious consumer spending.Key Facts
- McDonald’s second quarter profit was $2.36 billion, higher than last year’s $2.25 billion.
- Earnings per share, excluding one-time items, were $3.38, beating analyst expectations of $3.32.
- Total revenue rose to $7.1 billion but was slightly below the predicted $7.13 billion.
- Same-store sales in the U.S. increased by 0.8%, down from 2.5% growth a year earlier.
- Global same-store sales grew 1.3%.
- McDonald’s warned that high gas prices and concerns about the U.S.-Iran conflict might hurt sales.
- The company launched a McValue menu with 10 items priced at $3 or less to attract budget-conscious customers.
- Skye Anderson was appointed as president of McDonald’s USA, leading to a 1.6% rise in the company’s shares before the market opened.
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