McDonald’s is set to release its first-quarter earnings report on Thursday morning.
Wall Street analysts, surveyed by LSEG, have outlined their expectations for the fast-food chain’s performance:
- Earnings per share: $2.66
- Revenue: $6.09 billion
The global fast-food leader, frequently viewed as an economic barometer, has experienced inconsistent sales in recent months, especially within its primary market in the United States.
Analysts predict that McDonald’s will report its second consecutive quarter of declining same-store sales in the U.S., attributed in part to an E. coli outbreak last October and more cautious spending behaviors among consumers.
CFO Ian Borden previously indicated in February that he anticipated the first quarter would represent a low point for the company’s same-store sales, largely due to a slow start in the U.S. This sentiment has been exacerbated by trade tensions stemming from tariffs introduced during President Donald Trump’s administration, which have raised recession fears and negatively impacted consumer confidence, potentially further hindering McDonald’s sales performance.
In response to these challenges, McDonald’s has announced plans to focus on value-driven meals and popular menu items, including the reintroduction of snack wraps, to draw customers back to their restaurants this year.
Despite these hurdles, McDonald’s shares have surged by 15% so far this year, boosting the chain’s market capitalization to nearly $26 billion.
This story is developing. Please check back for updates.
