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Research Alert: Mcd: Q1 Eps Beats And Comps Improve Amid A Challenging Environment

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

MCD's Q1 global comparable sales of +3.8% met consensus and represented sharp acceleration from -1.0% the prior year, with U.S. comps inflecting to +3.9% from -3.6% and International Operated Markets improving to +3.9% from -1.0%. Adjusted EPS of $2.83 grew 6% and beat the$2.74 consensus, while adjusted operating income rose 11% as operating leverage materialized in the franchised model. The print reinforces the recovery narrative with value strategy gaining traction, evidenced by positive U.S. check growth indicating successful promotional initiatives. Management expects approximately 2,100 net restaurant additions and operating margins in the mid-to-high 40% range for 2026. The loyalty program remains a key driver with over $9B in quarterly systemwide sales across 70 markets. We believe the results validate that MCD's value positioning is resonating and should support investor confidence in the earnings trajectory, though traffic trends remain a key focus area for sustained momentum.

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