McDonald's Q2 Earnings Preview: Can World Cup and $3 Menu Boost Results?
McDonald's is set to report its second-quarter earnings on Monday, and analysts expect the company to beat revenue estimates for the third consecutive quarter. According to Benzinga Pro data, McDonald's is expected to report $7.13 billion in revenue, up from $6.84 billion in last year's second quarter.
The estimated revenue would be a company record, breaking the $7.08 billion reported in the third quarter. Analysts also expect earnings per share of $3.32, up from $3.19 in last year's second quarter.
However, McDonald's has faced some challenges in the quarter, including a 4.5% decline in visits to its locations, according to a report from Placer.ai. The company has also been affected by a foodborne illness outbreak of cyclospora, which may have kept people away from restaurants.
Despite these weaknesses, McDonald's had some positives in the quarter, including its major 2026 World Cup partnership and the launch of its $3 menu, which features items like the McDouble, McChicken, and Sausage McMuffin. The company also launched a $4 meal deal for breakfast.
The themes of higher gas prices, World Cup, and cheaper food could all be factors in McDonald's results, but it remains to be seen which theme plays out the highest.