Jim Cramer discussed McDonald's second-quarter earnings on CNBC's Mad Money, noting global same-store sales rose 1.3% while U.S. comps grew only 0.8%. Consolidated revenue increased 4% to $7.1 billion, slightly missing expectations, and operating income was in line, with a modest 6-cent earnings beat off a $3.32 basis. CEO Chris Kempczinski blamed poor execution for U.S. weakness and outlined plans to improve food taste and quality, overhaul the beverage platform, boost throughput, and launch new marketing. Cramer said the stock rallied because management acknowledged the problem, and he noted it trades at 21 times earnings with a 2.7% yield, calling it a show-me story. Bernstein SocGen Group cut its price target to $295 from $310 on August 5, citing prolonged domestic traffic softness, while Insider Monkey data showed institutional hedge fund ownership fell to 83 funds in Q1 2026 from 91 in Q4 2025.
McDonald’s CorporationQ2 earnings beat and management's acknowledgment of issues, with stock rallying on the news.
Restaurant Brands International Inc