McDonald's Corporation's (MCD.US) Q3 performance is mixed, with a boost in average customer spending helping drive same-store sales in the US surpass expectations.

Global food giant McDonald's Corporation (MCD.US) has released its third-quarter performance for 2025. The financial report shows that McDonald's Corporation's Q3 revenue increased by 3% year-on-year to $7.078 billion, slightly below analysts' general expectations of $7.095 billion. Operating profit was $3.357 billion, a 5% increase year-on-year. Net profit was $2.278 billion, a 1% increase year-on-year. Adjusted earnings per share were $3.22, below analysts' general expectations of $3.32. Global same-store sales increased by 3.6%, slightly higher than analysts' general expectations of 3.55%, marking the second consecutive quarter of growth. In the US region, same-store sales increased by 2.4%, better than analysts' general expectations of 1.9% - the company attributed this to an increase in average customer spending. The company's international operations also saw growth, with strong performances in markets such as Germany, Australia, and Japan. In recent years, McDonald's Corporation has actively launched promotional activities and discount packages to reshape its brand image as the preferred destination for affordable dining. This includes lowering prices on select meals in August and introducing a "buy one get one for just $1" promotion for items like sausage biscuits and double cheeseburgers. Despite overall slowing food spending, these measures seem to be taking effect. CEO Chris Kempczinski stated in a statement released on Wednesday that McDonald's Corporation is achieving sustainable growth in a challenging environment. It is worth mentioning that compared to fast-casual dining chain businesses such as Cava Group (CAVA.US) and Chipotle Mexican Grill (CMG.US), the fast-food industry appears to be more resilient. Both Restaurant Brands International, Inc. (QSR.US) and Yum! Brands (YUM.US) reported same-store sales that exceeded market expectations.