Wednesday July 22, 2026, 07:00:00

MCD: Franchisee Survey Part Two Examines the Expanded Specialty Drinks Lineup

By Mark Kalinowski

McDonald’s plans to release its second-quarter earnings before the market open on Tuesday, August 4th. Ahead of that, we publish part two of our two-part, proprietary McDonald’s Franchisee Survey today. For part one, click on:

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Tuesday July 21, 2026, 07:00:00

MCD: Latest Franchisee Survey Leads to Updated Projections (7/21/26)

By Mark Kalinowski

McDonald’s plans to release its second-quarter earnings before the market open on Tuesday, August 4th. Ahead of that, we publish part one of our two-part, proprietary McDonald’s Franchisee Survey today.

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Thursday May 7, 2026, 09:56:03

MCD (Post-Call): Expects Sequential Deceleration in Q2 U.S. & IOM Same-Store Sales

By Mark Kalinowski

Earlier today (Thursday, May 7th), McDonald’s reported adjusted Q1 EPS of $2.83. This was above our $2.75 projection and sell-side consensus (according to Consensus Metrix) of $2.75. The Q1 adjusted tax rate — which appears to have been about 22.0% — was more favorable than our 23.0% forecast and consensus of 22.5%. By our math, the difference between the 21.6% adjusted tax rate and consensus helped McDonald’s Q1 adjusted EPS by about +3 cents. Currencies helped Q1 EPS by +13 cents. This was actually a little lower than our expectation in the +15 to +17 cent range.

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