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McDonald's rallies as profit beats estimates and U.S. sales improve
McDonald's (NYSE: MCD) shares surged 6.5% after adjusted earnings of $3.57 a share beat the $3.38 Wall Street expected, the company reported. CEO Chris Kempczinski said U.S. comparable sales, which strip out new openings, turned positive in September and October. McDonald's plans to test value menu options at 1,900 U.S. restaurants ahead of a nationwide rollout in early 2027. He expects food and paper costs to rise in 2027. McDonald's makes up 0.22% of the 500 largest U.S. companies' combined value; its gain added $14 to $100,000 spread across them by size.
The numbers
| McDonald's (MCD) price | $280.22 |
|---|---|
| McDonald's (MCD) change | +6.53% |
| McDonald's (MCD) market value | $200 billion |
| McDonald's (MCD) 52-week high | $341.06 |
| S&P 500 change | +1.58% |
| 10-year Treasury yield | 4.90% |
Wednesday’s close
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