McDonald's is expected to release second quarter earnings on Tuesday before the market opens, with global same-store sales growth projected at 1.4%, down from 3.8% in the first quarter, according to Bloomberg consensus data. Analysts estimate US comparable sales rose 0.9%, marking the fifth consecutive quarter of growth but a slowdown from the 2.5% increase in the same period last year. Adjusted earnings per share are forecast to climb $0.13 year over year to $3.32, while revenue is expected to grow 4% to $7.12 billion. The stock has fallen 12% year to date, underperforming the S&P 500's 11% gain, as challenges such as continued strain on low-income consumers and the end of a Minecraft limited-time offering weighed on results.
McDonald’s CorporationQ2 earnings expected to show slowing same-store sales growth, with US comps up only 0.9% and global growth down to 1.4% from 3.8%, pressured by low-income consumer strain and end of Minecraft promo.