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McDonald's (MCD) Stock News

MCD NYSE

McDonald's Corporation reports news tied to its global quick-service restaurant system, including comparable sales, systemwide sales, guest counts, loyalty activity, and performance across U.S., international operated, and developmental or licensed markets. The company operates through a heavily franchised model, with most restaurants owned and operated by independent local business owners and revenue supported by franchise royalties, rent, and company-operated restaurants.

Recurring McDonald's developments also include quarterly cash dividends, board and governance updates, debt and capital actions, and restructuring charges associated with internal modernization efforts. Consumer-facing updates often center on menu innovation, limited-time meals, brand partnerships, sports and community programs, and promotions for core categories such as burgers, chicken, breakfast, beverages, and fries.

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McDonald's (MCD) introduced its McDonald's > NEXT strategy and new long-term growth and productivity targets on September 23, 2026.

The company targets by 2030 operating margins in the low-to-mid 50% range, about 250 basis points of gross restaurant-level efficiency gains and free cash flow conversion in the mid-to-high 80% range. It aims to gain 1.5 percentage points of market share in both chicken and beverages while maintaining beef leadership, and to reduce G&A to about 1.9% of Systemwide sales by 2030. From 2027–2030, annual baseline capital expenditures are expected to be about $3 billion plus $1.5–$2 billion of cumulative capital partnering support.

McDonald's plans roughly $8.5 billion of NEXT partnering support for franchisees through 2036, including about $5 billion through 2030, and estimates about $100,000 in annual cash flow benefit and a roughly four-year payback per average U.S. restaurant from efficiency improvements.

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McDonald's (MCD) declared a quarterly cash dividend of $1.93 per share, a 4% increase over its previous quarterly dividend, effective with the payment scheduled for December 15, 2026 to shareholders of record on December 1, 2026.

The new dividend rate equals $7.72 per share annually and marks McDonald's 50th consecutive year of dividend increases. This milestone adds the company to the U.S. “Dividend Kings,” a group of fewer than 60 public companies with at least 50 consecutive annual dividend raises. Management links this record to a long-standing capital allocation approach focused on investing for growth, prioritizing the dividend, and repurchasing shares with remaining free cash flow.

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McDonald's (NYSE:MCD) appointed longtime executive Skye Anderson as President, McDonald's USA, effective August 4, 2026. She succeeds Joe Erlinger, who is leaving after more than 20 years with the company and nearly seven years leading the U.S. business, but will advise until early 2027.

According to McDonald's, Anderson will oversee nearly 14,000 U.S. restaurants and lead execution of the McDonald's > NEXT strategy. Her 26-year career includes finance leadership in Australia, field and zone leadership in the U.S., creation of Global Business Services, and service as U.S. Chief Operating Officer. As head of the U.S. West Zone over four years, she helped support initiatives that modernized more than 5,700 restaurants, drove over 30% comparable sales growth, and increased average restaurant cash flow by $100,000.

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McDonald's (NYSE:MCD) reported second quarter 2026 results with global comparable sales up 1.3%, including the U.S. up 0.8%, International Operated Markets up 1.5% and International Developmental Licensed Markets up 1.9%. Consolidated revenues rose 4% to $7.1 billion, while Systemwide sales increased 5% to $37 billion.

Diluted EPS was $3.32, up 6% (5% in constant currencies). Excluding restructuring-related charges of $0.06 per share in 2026 and comparable prior-year charges, non-GAAP diluted EPS was $3.38, also up 6%. Consolidated operating income increased 3% to $3.3 billion; excluding charges, operating income grew 4%.

Across 70 loyalty markets, trailing twelve-month Systemwide sales to loyalty members rose over 20% to $40 billion, with 90-day active loyalty users up 13% to nearly 220 million. McDonald's appointed Skye Anderson as President of McDonald's USA to lead its largest market.

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McDonald's (NYSE:MCD) announced that its Board of Directors has declared a quarterly cash dividend of $1.86 per share on its common stock. The dividend is payable on September 16, 2026 to shareholders of record as of the close of business on September 1, 2026. The company also highlights its investor relations website as a primary channel for key and potentially material disclosures.

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McDonald's (NYSE:MCD) announced that its Board of Directors declared a quarterly cash dividend of $1.86 per share on common stock. The dividend is payable on June 16, 2026 to shareholders of record as of June 2, 2026. The company also highlights its investor relations website as a primary channel for key and potentially material information.

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McDonald's (NYSE:MCD) and Chicago Fire FC agreed a landmark naming rights partnership for the club's new $750 million, privately funded stadium, to be called McDonald's Park and opening in 2028 at The 78 riverfront site in Chicago.

The stadium will seat over 22,000 for soccer and up to 31,000 for concerts, feature a flagship McDonald's restaurant, and host year‑round events. The deal centers on expanding the Chicago Fire Foundation's P.L.A.Y.S. youth soccer program from 70 to more than 280 CPS elementary schools and from 31,000 to over 125,000 students, plus integrated support for Ronald McDonald House through stadium‑wide fundraising, dedicated seating, and family events.

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McDonald's (NYSE:MCD) reported results for Q1 2026 (ended Mar 31, 2026). Systemwide sales rose 11% (6% constant currency) to over $34 billion, while global comparable sales increased 3.8%. Consolidated revenues were $6,517 million, up 9% (4% cc).

Operating income was $2,953 million (+12%; +6% cc). Diluted EPS was $2.78 (+7%; +2% cc); adjusted EPS excluding charges was $2.83. Pre-tax restructuring charges were $47 million this quarter. Systemwide sales to loyalty members exceeded $38 billion TTM and over $9 billion for the quarter.

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McDonald's (NYSE:MCD) reported Q4 and full-year 2025 results: Q4 global comparable sales +5.7% and systemwide sales +11% (8% cc). Full-year systemwide sales exceeded $139 billion (+7% / 5% cc). Diluted EPS was $3.03 for Q4 and $11.95 for 2025. The company declared a 5% dividend increase to $1.86 per quarter. Results included restructuring pre-tax charges of $80M (Q4) and $229M (full year). Loyalty member systemwide sales rose 20% to nearly $37 billion, with ~210 million 90-day active users.

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McDonald's (NYSE: MCD) announced the election of James D. Farley, Jr. to its Board of Directors, effective February 4, 2026. Farley is currently President and CEO of Ford and brings over 30 years of global leadership in brand transformation, digital innovation, and operations.

His addition increases the Board to 12 members, with half of directors joining since 2022, reflecting a focus on director refreshment and succession planning to support McDonald's strategic direction.

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FAQ

What is the current stock price of McDonald's (MCD)?

The current stock price of McDonald's (MCD) is $233.98 as of September 30, 2026.

What is the market cap of McDonald's (MCD)?

The market cap of McDonald's (MCD) is approximately 165.6B.