McDonald's stock rises as US sales top forecasts, company continues value push amid 'challenging environment'

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0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',r=n._store.getNotifications(),a=n._generatePanelMarkup(o,r),i.innerHTML=a;break;case"error_panel":a=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=a}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(P))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),j=function(){function e(t,n,o){E(this,e);var i=this;i._store=n,i._view=o,i._config=t;var 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n=e.getConfig();"smartphone"===n.device&&("finance"===n.property&&"crunch"===n.ytheme&&e.addElementListener(t.searchInput,"click",(function(){var n,o;n="search_input_focus_click",null!==(o=re())&&(oe[n]||(oe[n]=o)),e.addElementListener(t.searchForm,"click",(function(){if(t.ybar){if(t.ybar.classList.contains("ybar-searchbox-assist-fullscreen"))return;t.ybar.classList.add("ybar-searchbox-assist-fullscreen"),t.ybar.classList.add("ybar-searchbox-assist-fadein")}if(!document.documentElement.classList.contains("ybar-overlay")){document.documentElement.classList.toggle("ybar-overlay"),document.body.classList.add("ybar-overlay-noscroll");te("ybar","websrch","",{elm:"expand",subsec:"searchbox",itc:"1"})}}))})),e.addElementListener(t.searchBoxPlaceholder,"click",(function(){zt(e,t)})),e.addElementListener(t.searchBoxPlaceholder,"keydown",(function(n){var 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over the same period last year, driven by higher check growth. That's more than the 2.2% Wall Street expected and in line with the 2.5% growth seen in the prior quarter, according to Bloomberg data.Global same-store sales increased 3.6% during the quarter, in line with estimates after a 3.8% rise in Q2.Adjusted earnings per share tallied $3.22, less than the $3.32 that was expected, on revenue of $7.1 billion, in line with estimates."We're fueling momentum by delivering everyday value and affordability, menu innovation, and compelling marketing that continue to bring customers through our doors," CEO Chris Kempczinski said in a release.McDonald's reported its systemwide sales, which include both company-operated and franchised locations, grew 6%.McDonald's stock rose as much as 2% on Wednesday following the results.Read more: Live coverage of corporate earningsDuring the third quarter, McDonald's announced the return of the Snack Wrap and struck a deal with its US franchisees to lower the cost of some combo meals, as fast food companies continue to compete on broader value offerings and consumer wallets are stretched by inflation and a softening labor market. The return of its Monopoly for the first time in nearly a decade — and for the first time digitally — boosted app downloads and digital sales growth in the latest quarter.On its earnings call with investors, Kempczinski said the chain remains "cautious" about the health of the US consumer, calling out what he sees as a "bifurcated consumer base."Traffic among lower-income cohorts declined nearly double digits in the third quarter, while higher income consumers "remained strong" he said, increasing nearly double digits.CFO Ian Borden said the company expects US same-store sales growth to accelerate in the fourth quarter, more so than Q3 results, as it laps last year's E. coli outbreak in late October.However, Kempczinski said 2026 will see similar pressure from consumers, especially those making less."Think about the low income consumer and ...the pressures that they face ...rents are at pretty high levels ...food prices, whether it's in restaurants or grocery...child care is high," Kempczinski said.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,815.40 +43.85 (+0.65%)Dow 3047,280.00 +194.76 (+0.41%)Nasdaq23,559.08 +210.45 (+0.90%)Russell 20002,459.05 +31.71 (+1.31%)VIX17.47 -1.53 (-8.04%)Gold3,997.10 +36.60 (+0.92%)PortfolioSign in to access your portfolioSign inTop gainersLMND Lemonade, Inc. 76.60 +17.94 (+30.59%)LITE Lumentum Holdings Inc. 237.41 +49.05 (+26.04%)TDC Teradata Corporation 25.83 +5.12 (+24.72%)VCYT Veracyte, Inc. 43.98 +7.86 (+21.76%)SEDG SolarEdge Technologies, Inc. 38.65 +6.83 (+21.45%)Top losersSLNO Soleno Therapeutics, Inc. 45.26 -18.59 (-29.12%)TREX Trex Company, Inc. 33.74 -13.30 (-28.27%)PINS Pinterest, Inc. 25.90 -7.01 (-21.32%)PRGO Perrigo Company plc 16.37 -3.82 (-18.92%)SUPN Supernus Pharmaceuticals, Inc. 46.24 -10.76 (-18.88%)Most activeNVDA NVIDIA Corporation 201.78 +3.09 (+1.56%)RIVN Rivian Automotive, Inc. 14.73 +2.23 (+17.83%)PLTR Palantir Technologies Inc. 184.56 -6.14 (-3.22%)PLUG Plug Power Inc. 2.5700 +0.0500 (+1.98%)PINS Pinterest, Inc. 25.90 -7.01 (-21.32%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 103,827.68 +1,810.27 (+1.77%)LMND Lemonade, Inc. 76.63 +17.97 (+30.64%)RIVN Rivian Automotive, Inc. 14.74 +2.24 (+17.91%)PINS Pinterest, Inc. 25.89 -7.02 (-21.33%)SLDP Solid Power, Inc. 8.67 +3.05 (+54.32%)Top economic events