McDonald's beats Q4 revenue, global comparable sales expectations

Mcdonalds

11/02/2026 21:11

Overview

Fast food giant beat analysts' expectations for Q4 revenue

Global comparable sales grow 5.7%, beating analysts' expectation of 3.7% jump

Diluted EPS for Q4 increased 8%, reaching $3.03

Company declared a 5% increase in quarterly cash dividend to $1.86 per share

Outlook

Company did not provide specific guidance for future quarters or years

Result Drivers

VALUE LEADERSHIP - CEO Chris Kempczinski attributed improved traffic and strengthened value scores to the company's focus on value leadership

LOYALTY PROGRAM - Systemwide sales to loyalty members increased 20% to nearly $37 bln, with active loyalty users up 19%

INTERNATIONAL SALES - Positive comparable sales in international markets, led by the U.K., Germany, and Australia

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$7.009 bln
$6.84 bln (27 Analysts)
Q4 EPS
$3.03
Q4 Net Income
$2.16 bln
Q4 Operating Income
$3.16 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 16 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for McDonald's Corp is $344.00, about 5.5% above its February 10 closing price of $325.97

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nPn4k9c6na

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)