MCD

EX-99.1

2 exhibit991-33126xq1.htm

EX-99.1

Document

Exhibit 99.1

FOR IMMEDIATE RELEASEFOR MORE INFORMATION CONTACT:

5/7/2026Investors: Dexter Congbalay, investor.relations@us.mcd.com

Media: Lauren Altmin, lauren.altmin@us.mcd.com

McDONALD'S REPORTS FIRST QUARTER 2026 RESULTS

•Global comparable sales increased 3.8% for the quarter, with consistently solid comparable sales growth across all segments

•Global Systemwide sales* increased 11% (6% in constant currencies) to over $34 billion for the quarter

•Across 70 loyalty markets, Systemwide sales to loyalty members were over $38 billion for the trailing twelve-month period and over $9 billion for the quarter

CHICAGO, IL - McDonald's Corporation today announced results for the first quarter ended March 31, 2026.

“McDonald's delivered this quarter. Our 6% global Systemwide sales growth shows how we executed with discipline, proving that we can drive results even in a challenging environment," said Chairman and CEO Chris Kempczinski. "And it’s our commitment to going three-for-three that sets McDonald’s apart. Our value leadership, breakthrough marketing, and menu innovation continue to serve up what customers want.”

First quarter financial performance:

•Global comparable sales increased 3.8%:

•U.S. increased 3.9%

•International Operated Markets increased 3.9%

•International Developmental Licensed Markets increased 3.4%

•Consolidated revenues increased 9% (4% in constant currencies).

•Systemwide sales increased 11% (6% in constant currencies).

•Consolidated operating income increased 12% (6% in constant currencies). Results reflected pre-tax charges of $47 million and $66 million for the current year and prior year, respectively, primarily related to restructuring charges associated with Accelerating the Organization. Excluding these current and prior year charges, consolidated operating income increased 11% (5% in constant currencies).**

•Diluted earnings per share was $2.78, an increase of 7% (2% in constant currencies). Excluding the current year charges described above of $0.05 per share, diluted earnings per share was $2.83, an increase of 6% (1% in constant currencies) when also excluding prior year charges.**

*Refer to page 3 for a definition of Systemwide sales.

**Refer to page 2 for additional details on our results for the first quarter 2026 and 2025.

1

COMPARABLE SALES

Increase/(Decrease)

Quarters Ended March 31,

2026

2025

U.S.3.9 %(3.6)%

International Operated Markets3.9 (1.0)

International Developmental Licensed Markets3.4 3.5

Total Company3.8 %(1.0)%

•U.S.: Comparable sales results were primarily driven by positive check growth.

•International Operated Markets: Nearly all markets reflected positive comparable sales, led by the U.K., Germany and Australia.

•International Developmental Licensed Markets: Positive comparable sales were led by Japan, with all geographic regions reflecting comparable sales growth.

KEY FINANCIAL METRICS - CONSOLIDATED

Dollars in millions, except per share data

Quarters Ended March 31,

20262025Inc/ (Dec)Inc/ (Dec) Excluding Currency Translation

Revenues$6,517 $5,956 9 %4 %

Operating income2,953 2,648 12 6

Net income1,983 1,868 6 1

Earnings per share-diluted$2.78 $2.60 7 %2 %

Results included pre-tax charges of $47 million, or $0.05 per share, for the three months ended March 31, 2026 and $66 million, or $0.07 per share, for the three months ended March 31, 2025, primarily related to restructuring charges associated with the Company's internal effort to modernize ways of working (Accelerating the Organization).

Excluding the above items, results reflected higher sales-driven Franchised margins, partly offset by a higher effective tax rate.

NET INCOME AND EARNINGS PER SHARE-DILUTED RECONCILIATION

Dollars in millions, except per share data

Quarters Ended March 31,

Net IncomeEarnings per share - diluted

20262025Inc/ (Dec)Inc/ (Dec) Excluding Currency Translation20262025Inc/ (Dec)Inc/ (Dec) Excluding Currency Translation

GAAP$1,983 $1,868 6 %1 %$2.78 $2.60 7 %2 %

(Gains)/Charges, net of tax36 51 0.05 0.07

Non-GAAP$2,019 $1,919 5 %— %$2.83 $2.67 6 %1 %

2

THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE

Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends.

Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at le

mcd-20260211falseMCDONALDS CORP000006390800000639082026-02-112026-02-11

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT TO

SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): February 11, 2026

McDONALD’S CORPORATION (Exact Name of Registrant as Specified in its Charter)

Delaware 1-5231 36-2361282 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

110 North Carpenter Street Chicago, Illinois (Address of Principal Executive Offices) 60607 (Zip Code)

(630) 623-3000 (Registrant’s telephone number, including area code)

Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, $0.01 par valueMCDNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

o

Item 2.02. Results of Operations and Financial Condition. On February 11, 2026, McDonald’s Corporation issued an investor release reporting its results for the fourth quarter and year ended December 31, 2025. A copy of the investor release is being filed as Exhibit 99.1 to this Form 8-K and is incorporated by reference in its entirety. Also filed herewith and incorporated by reference as Exhibit 99.2 is supplemental information for the fourth quarter and year ended December 31, 2025. The information under this Item 2.02, including such Exhibits, shall be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended.

Item 9.01. Financial Statements and Exhibits. (d) Exhibits.

99.1    Investor Release of McDonald's Corporation issued February 11, 2026: McDonald’s Reports Fourth Quarter and Full Year 2025 Results 99.2    McDonald's Corporation: Supplemental Information (Unaudited), Quarter and Year Ended December 31, 2025 104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

McDONALD’S CORPORATION (Registrant) Date:February 11, 2026 By:/s/ Lauren B. Elting Lauren B. Elting Vice President – Chief Accounting Officer and Corporate Controller

mcd-20251105falseMCDONALDS CORP000006390800000639082025-11-052025-11-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT TO

SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): November 5, 2025

McDONALD’S CORPORATION (Exact Name of Registrant as Specified in its Charter)

Delaware 1-5231 36-2361282 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

110 North Carpenter Street Chicago, Illinois (Address of Principal Executive Offices) 60607 (Zip Code)

(630) 623-3000 (Registrant’s telephone number, including area code)

Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, $0.01 par valueMCDNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

o

Item 2.02. Results of Operations and Financial Condition. On November 5, 2025, McDonald’s Corporation issued an investor release reporting its results for the third quarter and nine months ended September 30, 2025. A copy of the investor release is being filed as Exhibit 99.1 to this Form 8-K and is incorporated by reference in its entirety. Also filed herewith and incorporated by reference as Exhibit 99.2 is supplemental information for the third quarter and nine months ended September 30, 2025. The information under this Item 2.02, including such Exhibits, shall be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended.

Item 9.01. Financial Statements and Exhibits. (d) Exhibits.

99.1    Investor Release of McDonald's Corporation issued November 5, 2025: McDonald’s Reports Third Quarter 2025 Results 99.2    McDonald's Corporation: Supplemental Information (Unaudited), Quarter and Nine Months Ended September 30, 2025 104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

McDONALD’S CORPORATION (Registrant) Date:November 5, 2025 By:/s/ Lauren Elting Lauren Elting Vice President – Chief Accounting Officer and Corporate Controller