Earnings call briefSecond-quarter 2026
McDonald's now expects to reach 50,000 restaurants in 2028, not 2027
McDonald's said the change reflects the pressured consumer environment and cumulative inflation on development costs, and it still plans to open about 2,600 gross restaurants this year.
GetSignal McDonald's MCD
Chief Financial Officer Ian Borden said on the second-quarter call that McDonald's now expects to reach 50,000 restaurants globally in 2028, from its previous plan to reach that level by the end of 2027. McDonald's also said it now estimates a currency tailwind of about $0.15 to full-year 2026 adjusted EPS, based on current exchange rates, down from a previously estimated range of $0.20 to $0.30.
Quotes from the call
“Due to the current pressured consumer environment, coupled with the cumulative inflationary impact on development costs, we now expect to reach 50,000 restaurants globally in 2028.”
Key facts from the call
- Expected restaurant target date
- 50,000 globally in 2028, previously by end of 2027
- Expected 2026 currency tailwind to adjusted EPS
- About $0.15, previously $0.20 to $0.30
- Expected 2026 gross openings
- About 2,600 by the end of this year
Source: McDonald's second-quarter 2026 earnings call, August 4, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
More earnings call briefs
- McDonald's now expects 2026 capital spending of about $3.7 billion
MCD McDonald's Q3 2026 call
- Constellation Energy expects nuclear uprate costs of about $4.3 billion
CEG Constellation Energy Q3 2026 call
- Howard Hughes Holdings says its insurance ambition is a return on equity in excess of 20%
HHH Howard Hughes Holdings Q3 2026 call
- Brookfield Asset Management now sees 2026 earnings modestly below early view
BAM Brookfield Asset Management Q3 2026 call
- Enbridge says it expects 2026 results at the midpoint of its guidance range
ENB Enbridge Q3 2026 call
