---
schema_version: "secwatch.filing_event.v1"
accession: "0000063908-25-000021"
form_type: "8-K"
ticker: "MCD"
cik: "0000063908"
company_name: "MCDONALDS CORP"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:24:17.751747+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# McDonald's Q1 global comparable sales fall 1.0%, U.S. down 3.6%; EPS $2.60

## Summary
- Global comparable sales -1.0% (ex-Leap Day essentially flat); U.S. -3.6% on negative guest counts.
- Revenue $5.96B, -3% (-2% constant currencies); operating income -3% (-1% CC).
- Diluted EPS $2.60, -2% (-1% CC); adjusted EPS $2.67, -1% (+1% CC).
- Pre-tax restructuring charges of $66M in Q1 2025 vs $35M in prior year (Accelerating the Organization).
- Systemwide sales to loyalty members >$31B trailing 12 months, ~$8B in Q1.

## SEC filing metadata
- accession: 0000063908-25-000021
- form_type: 8-K
- ticker: MCD
- cik: 0000063908
- company_name: MCDONALDS CORP
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63908/000006390825000021/0000063908-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63908/000006390825000021/mcd-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000063908-25-000021
- JSON: https://secwatch.observer/filing/0000063908-25-000021.json
- Plain text: https://secwatch.observer/filing/0000063908-25-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.