Business

McDonald's Faces a 3% Revenue Dip in Q1 2025, Falling Short of Market Expectations

McDonald's Q1 Financial Performance Overview

McDonald's Corporation revealed its first-quarter earnings for fiscal 2025, reporting a revenue of $5.9 billion. This marks a 3% decrease compared to the previous year and falls below what market analysts had anticipated.

Detailed Financial Results

For the quarter ending March 31, the fast-food giant experienced a 3% drop in net income, totaling $1.87 billion. Diluted earnings per share also saw a 2% decline, landing at $2.60. Additionally, operating income decreased by 3%, reaching $2.64 billion.

CEO's Statement on Market Conditions

"McDonald's has a 70-year legacy of innovation, leadership, and proven agility, all of which give us confidence in our ability to navigate even the toughest of market conditions and gain market share ... Consumers today are grappling with uncertainty, but they can always count on McDonald’s for both exciting new menu items and delicious favorites for exceptional value, from a brand they love," stated CEO Chris Kempczinski.

Following the earnings release, McDonald's shares dipped by 3.02% in premarket trading.