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McDonald's golden arches sign on a red restaurant facade against a blue sky
Photo: Investing.com

McDonald's Stock Jumps 5% After Earnings Beat, Revenue Miss

SEC / McDonald's Corporation2 min read6 sources

Why is McDonald's stock up today?

McDonald's (MCD) stock rose about 5% to roughly $278 on Wednesday after an earnings beat, as profit topped forecasts even though revenue missed and US same-store sales slipped 0.2%.

Key numbers

Adjusted EPS$3.57+11% YoY; est. $3.38
Revenue$7.16B+1% YoY; est. ~$7.28B
US same-store sales-0.2%vs +2.4% a year ago; est. -0.5%
Global same-store sales+1.5%vs +3.6% a year ago
Share move+5.6%$277.88 vs $263.04 close at 1:28pm ET; sources range 4–5.7% (per [5])

What happened

McDonald's (MCD) stock rose about 5% to roughly $278 on Wednesday after an earnings beat, as profit topped forecasts even though revenue missed and US same-store sales slipped 0.2%. Adjusted profit, which leaves out one-off costs, was $3.57 a share, up 11% from a year ago and above the $3.38 expected. Revenue was $7.16 billion, up 1% but below the roughly $7.28 billion expected. Same-store sales (sales at restaurants open over a year) fell 0.2% in the US, better than the 0.5% drop expected. The CEO said US trends improved through the quarter after a push on cheaper deals.

Why it matters

McDonald's results show how cautious many US diners are, since its US sales slipped even with cheaper deals. The shares jumped because the dip was smaller than feared and profit beat forecasts. Rival restaurant stocks such as Chipotle, Starbucks and Yum Brands rose too, a sign investors may see the sector's slump as easing. Fast-food visits across the industry still fell about 2.6%.

Who this affects

Marketbullish
Medium impact
Restaurant stock investors cheered the results; peers also rose.
Companymixed
Medium impact
Shareholders gain, but US customer visits remain weak.
Competitorsbullish
Low impact
Chipotle, Starbucks and Yum Brands rose in sympathy.
Industrymixed
Medium impact
Fast-food traffic still falling; cheaper deals are the focus.

McDonald's vs Yum Brands, Starbucks, Chipotle

McDonald'sMCD$186B+5.6%
Yum BrandsYUM—+5.5%
StarbucksSBUX—+3% to +4%
ChipotleCMG—+4%

As of 2026-11-04

How we got here

  1. US same-store sales turn positive in September as quarter ends, per MarketBeat.

  2. McDonald's reports Q3 results before the market opens.

  3. Shares jump about 5%; Chipotle, Starbucks and Yum Brands also gain.

What to watch

  • Eight-week test of two new everyday affordable price menus, with national rollout planned (per)2027-01
  • Whether US customer visits keep improving after the value pushQ4 2026

Educational content only. Not investment advice.

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