McDONALD'S REPORTS SECOND QUARTER 2025 RESULTS

Core Insights - McDonald's Corporation reported a 6% global Systemwide sales growth for the second quarter of 2025, highlighting the effectiveness of value offerings, marketing, and menu innovation [2][6] - The company emphasized its focus on technology investments and digital solutions to enhance customer experience [2] Financial Performance - Global comparable sales increased by 3.8%, with the U.S. up 2.5%, International Operated Markets up 4.0%, and International Developmental Licensed Markets up 5.6% [4][7] - Consolidated revenues rose to $6,843 million, a 5% increase from $6,490 million in the same quarter of 2024 [5][21] - Operating income increased by 11% to $3,232 million, while net income rose by 11% to $2,253 million [5][22] - Diluted earnings per share reached $3.14, reflecting a 12% increase compared to $2.80 in the prior year [5][22] Systemwide Sales and Loyalty Programs - Systemwide sales to loyalty members were approximately $33 billion for the trailing twelve months and about $9 billion for the quarter [6][12] - The growth in Systemwide sales was driven by comparable sales and net restaurant unit expansion [14] Operating Costs and Expenses - Total operating costs and expenses for the quarter were $3,611 million, resulting in an operating income of $3,232 million [21][22] - Franchised restaurant revenues increased by 7% to $4,213 million, while sales from Company-owned restaurants decreased slightly to $2,458 million [21][23] Charges and Adjustments - The results included pre-tax charges of $43 million related to restructuring efforts, impacting earnings per share by $0.05 [9][13] - Excluding these charges, operating income growth was primarily driven by higher sales-driven franchised margins [9][10]