McDonald's (MCD) traffic has dropped as economic pressure spreads from low- to middle-income consumers, executives said Thursday.
McDonald's Corporation (NYSE:MCD ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Dexter Congbalay - VP, IR Chris Kempczinski - Chairman & CEO Ian Borden - CFO Conference Call Participants Dennis Geiger - UBS David Palmer - Evercore David Tarantino - Baird Brian Harbour - Morgan Stanley Andrew Charles - TD Cowen Sara Senatore - Bank of America Jon Tower - Citi John Ivankoe - JPMorgan Lauren Silberman - Deutsche Bank Greg Francfort - Guggenheim Danilo Gargiulo - Bernstein Eric Gonzalez - KeyBanc Jeffrey Bernstein - Barclays Operator Hello, and welcome to McDonald's First Quarter 2025 Investor Conference Call. At the request of McDonald's Corporation, this conference is being recorded.
McDonald's Corp (NYSE:MCD) stock is down 1.3% to trade at $315.58 at last check, after the fast food giant posted a revenue miss for the fiscal first quarter.
The headline numbers for McDonald's (MCD) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
As Americans grow more fearful that sweeping tariffs could reheat inflation or even trigger a recession, the world's largest fast-food chain said it's noticing a broader hit to traffic.
McDonald's shares fell 1.2% on Thursday morning after the fast-food giant posted its biggest drop in US same-store sales since the height of the pandemic, as economic uncertainty continued to weigh on consumer spending. Comparable sales in the United States, the company's largest market, fell 3.6% in the first quarter ended March 31, well below analysts' expectations for a 0.98% decline.
McDonald's NYSE: MCD insiders are selling shares of this in 2025, but investors should do the opposite. The Insider selling is inconsequential despite its broad nature due to the company's use of share-based compensation and insider selling trends.
McDonald's (MCD) came out with quarterly earnings of $2.67 per share, beating the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $2.70 per share a year ago.
McDonald's (MCD) shares fell on Thursday after the fast-food giant's first-quarter revenue and comparable sales came up short of analysts' estimates.
The fast-food giant's patrons are “grappling with uncertainty” as spending slows at several restaurant chains.
McDonald's reports first-quarter earnings before the bell Thursday. Wall Street analysts expect earnings per share of $2.66 and revenue of $6.09 billion, according to LSEG.
MCD's first-quarter 2025 top line is likely to have been hurt by weak traffic, particularly in the U.S. and many large international markets.