McDonald's posts strong second quarter profit, names new chief of US operations
Summary
McDonald’s reported strong profits for the second quarter of 2026, with a small increase in sales in the U.S. The company also named Skye Anderson as the new president of McDonald’s USA.Key Facts
- McDonald’s U.S. same-store sales rose by 0.8% in the second quarter, slower than last year’s 2.5% increase.
- Global same-store sales increased by 1.3% during the same period.
- Factors like high gas prices and consumer worries about the U.S.-Iran conflict have pressured sales.
- McDonald’s earned $2.36 billion, or $3.32 per share, for the quarter ending June 30, higher than last year’s $2.25 billion.
- Adjusted earnings per share were $3.38, beating analysts’ expected $3.32.
- Revenue grew to $7.1 billion but was slightly below Wall Street’s estimate of $7.13 billion.
- Skye Anderson was named president of McDonald’s USA.
- McDonald’s stock rose 1.7% before the market opened following the announcement.
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