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NewsWPLG Local 10 – Main FeedAugust 4, 2026Miami-Dade

McDonald's reports second quarter earnings and appoints new U.S. president

McDonald's reported a second-quarter profit of $2.36 billion while announcing Skye Anderson as the new president of its U.S. operations. The company noted a slowdown in U.S. same-store sales growth to 0.8% as consumer spending habits shift due to economic pressures.

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Why It Matters

The report highlights shifting consumer spending patterns in the U.S. economy, specifically impacting the fast-food sector as lower-income households reduce .

Key Facts

  • McDonald's earned $2.36 billion in the second quarter, up from $2.25 billion the previous year.
  • Earnings per share were $3.32, exceeding the $3.32 expected by analysts (adjusted to $3.38 excluding one-time items).
  • Revenue reached $7.1 billion, an increase from $6.84 billion in the prior-year period, but below the $7.13 billion estimate.
  • U.S. same-store sales growth slowed to 0.8%, compared to 2.5% growth a year ago.
  • Global same-store sales increased by 1.3%.
  • Skye Anderson was named the new president of McDonald's USA.
  • The company introduced a 'McValue' menu in April featuring 10 items priced at $3 or less.
  • Gasoline prices reached a recent peak of $4.56 per gallon on May 21.

Who's Mentioned

organizationMcDonald's“The corporation reporting earnings and leadership changes.”personSkye Anderson“Newly appointed president of McDonald's USA.”personDee-Ann Durbin“AP reporter who contributed to the article.”organizationAAA“Source for gasoline price data.”organizationFactSet“Financial data firm providing analyst estimates.”