Highlights from the Earnings Release

• Global Systemwide sales* increased 4% to over $38 billion for the quarter
• Consolidated operating income increased 7% and adjusted operating income increased 8% for the quarter
• Systemwide sales to loyalty members across 70 loyalty markets were $41 billion for the trailing twelve-month period and more than $11 billion for the quarter

CHICAGO, IL - McDonald's Corporation today announced results for the third quarter ended September 30, 2026.

“McDonald’s delivered another quarter of global growth, with solid performance across much of our international business. In the U.S., we're encouraged by improvement as the quarter progressed following our intervention on value,” said Chris Kempczinski, Chairman and CEO. “We’re focused on building from here, strengthening the business today and investing in the next chapter of growth.”

Third quarter financial performance:

• Global comparable sales increased 1.5%:
  • U.S. decreased 0.2%
  • International Operated Markets increased 1.4%
  • International Developmental Licensed Markets increased 4.2%
• Consolidated revenues increased 1% (1% in constant currencies).
• Systemwide sales increased 4% (4% in constant currencies).
• Consolidated operating income increased 7% (7% in constant currencies). Results reflected pre-tax charges of $56 million and $39 million for the current year and prior year, respectively, primarily related to restructuring charges associated with Accelerating the Organization. Excluding these current and prior year charges, consolidated operating income increased 8% (8% in constant currencies).**
• Diluted earnings per share was $3.51, an increase of 10% (11% in constant currencies). Excluding the current year charges described above of $0.06 per share, diluted earnings per share was $3.57, an increase of 11% (11% in constant currencies) when also excluding prior year charges.**
• The Company declared a 4% increase in its quarterly cash dividend to $1.93 per share.

*Refer to page 4 of the full release for a definition of Systemwide sales

**Refer to pages 2 and 3 of the full release for additional details on our results for the third quarter 2026 and 2025.