McDonald's | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 7.078 B

Revenue: As of FY2025 Q3, the actual value is USD 7.078 B, missing the estimate of USD 7.089 B.

EPS: As of FY2025 Q3, the actual value is USD 3.18, missing the estimate of USD 3.3152.

EBIT: As of FY2025 Q3, the actual value is USD 3.355 B.

Total Revenues: McDonald’s Corporation reported total revenues of $7,078 million for the quarter ended September 30, 2025, reflecting a 3% increase from $6,873 million in the same period of 2024.
Revenues from Franchised Restaurants: $4,363 million, up 7% from $4,094 million in the prior year.
Sales by Company-owned and Operated Restaurants: $2,563 million, a decrease of 3% from $2,656 million in the prior year.
Franchised Revenues: In the U.S., franchised revenues were $1,906 million, an increase of 3% from the previous year. International Operated Markets saw a 10% increase to $1,962 million, while International Developmental Licensed Markets & Corporate increased by 8% to $496 million.
Company-owned and Operated Sales: U.S. sales decreased by 4% to $790 million. International Operated Markets increased by 11% to $1,645 million, while International Developmental Licensed Markets & Corporate decreased by 63% to $128 million.

Operating Income: $3,357 million for the quarter, an increase of 5% from $3,188 million in the prior year.
Net Income: $2,278 million for the quarter, up 1% from $2,255 million in the prior year. For the nine months, net income increased 3% to $6,399 million.
Operating Margin: The operating margin for the quarter was 46.5%, up from 45.3% in the previous year.
Operating Costs and Expenses: Total operating costs and expenses were $3,721 million, a slight increase from $3,685 million in the prior year.
Selling, General & Administrative Expenses: Increased by 21% for the quarter and 5% for the nine months, primarily due to marketing initiatives and investments in digital and technology.

Dividends and Share Repurchases: During the quarter, the company paid a dividend of $1.77 per share, totaling $1,262 million, and repurchased 1.7 million shares for $503 million.

Systemwide Sales: Over $36 billion for the quarter, an increase of 8% (6% in constant currency) compared to the prior year.
Sales to Loyalty Members: Approximately $34 billion for the trailing twelve-month period and over $9 billion for the quarter.
Comparable Sales: Increased by 3.6% for the quarter and 2.2% for the nine months, driven by positive performance in International Operated Markets and International Developmental Licensed Markets.

McDonald’s Corporation is focused on delivering sustainable growth through everyday value, menu innovation, and compelling marketing strategies.
The company is modernizing its ways of working through restructuring efforts, which incurred pre-tax charges of $39 million for the quarter.
McDonald’s expects net restaurant unit expansion to contribute over 2% to 2025 Systemwide sales growth. The operating margin is expected to be in the mid-to-high 40% range, and capital expenditures are projected to be between $3.0 and $3.2 billion, with plans to open approximately 2,200 restaurants globally.

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