McDonald's (MCDL) AI Stock Analysis

Company Guidance

McDonald’s expects no impact of foreign currency translation on adjusted earnings per share for the fourth quarter versus the prior year based on current exchange rates; full-year SG&A as a percentage of systemwide sales is expected to be approximately 2.2%; 2,500 gross restaurant openings globally this year, slightly below the target of 2,600, and approximately 2,100 net restaurant openings; 2026 capital expenditures of about $3.7 billion, at the low end of the previously guided range of $3.7 billion-$3.9 billion; a new U.S. entry-level value program nationally in early 2027; specialty beverages across nearly all European markets by mid-2027 and more than 7,000 additional restaurants across Europe by mid-2027; full advertised hand-breaded chicken sales tests in about 100 restaurants in a couple U.S. cities in early 2027 and a complete full national rollout across Ireland; hundreds of U.S. restaurant remodels in 2027 and a global run rate in excess of 5,000 restaurants per year beginning in 2028; Archy across a majority of U.S. restaurants by the end of 2027; 98% of the global restaurant portfolio franchised by 2028; mid-single-digit food and paper inflation in 2027; and delivery globally growing mid to high single digits.