McDonald’s finds value-driven momentum to top Q1 estimates

McDonald’s beat Wall Street’s Q1 earnings estimates as it leaned into value with new menu items and beverages, posting adjusted EPS of $2.83 on revenue of $6.52 billion (up 9% YoY). Global same-store sales rose 3.8%, led by a 3.9% gain in the U.S. from higher average checks; international markets also posted solid gains. The company rolled out a sub-$3 menu, a $4 breakfast deal, and ongoing $5–$6 bundles, plus six new beverages to drive incremental visits. Management cited beef and packaging cost pressures but reaffirmed US food and paper inflation expectations in the low-to-mid single digits and reiterated plans to remove self-serve soda machines by 2032. Shares edged higher on the results.