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McDonald's Revenue Up 9% Globally, But US Same-Store Sales Miss Targets

MCDQSRWENXLYXLP

McDonald's posted $6.52 billion in revenue for the quarter, a 9% year-over-year increase, driven by global comparable sales growth of 3.8%. International markets outperformed the domestic business, where same-store sales fell short of internal targets. US consumers are pulling back amid persistent pressure from elevated food and fuel costs, even as value-focused menu initiatives like the Big Arch attract traffic.

Why it matters

McDonald's is a bellwether for consumer spending at the lower end of the income spectrum — when even value-meal customers are tightening up, it signals broader strain in discretionary spending. The US miss matters more than the global beat for investors watching domestic consumer health. Retail-facing stocks and consumer staples ETFs could face headwinds if this pattern holds across more earnings reports.

Watch next

Next major US consumer confidence reading: Conference Board Consumer Confidence Index released last Tuesday of each month. Next CPI inflation report: watch for the Bureau of Labor Statistics release date announced for mid-month. McDonald's next earnings call: Q3 results expected late October 2025.

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