McDonald's Stock Suffers Amid Slowing US Sales Growth

McDonald's stock has been under pressure since August 20, 2026, trading below its 52-week high. The shares have declined 11% year to date and are roughly 21% below their peak.

The company's recent results showed slower U.S. sales growth, with comparable sales increasing only 0.8% in the second quarter of 2026. This is the weakest pace in several years, while global comparable sales still grew 1.3% and systemwide sales reached $37 billion in the quarter, up 5% from a year earlier.

Despite solid earnings, McDonald's shares have declined significantly over the past six months, with a 19% drop. However, analysts remain confident in the company's growth prospects, estimating earnings per share of $12.88 for 2026 and $13.93 for 2027, representing expected EPS growth of 5.7% in 2026 and 8.1% in 2027.

McDonald's has been working to address U.S. traffic challenges through menu mix adjustments, promotions, and digital engagement. The company's cost controls and operational efficiencies have helped cushion the impact of softer domestic traffic, with margins and EPS showing resilience.