McDonald's CEO Sounds Alarm on 2027 Inflation, Says Pricing Requires Extreme Caution - McDonald's (NYSE:M

McDonald’s shares rose nearly 6% Wednesday after the fast-food chain reported third-quarter results that beat expectations, driven by stronger international performance. The company said it is trying to revive its struggling U.S. business with value meals and promotions, and management highlighted improving customer traffic in September and October. Adjusted earnings increased 11% year over year to $3.57 per share on a constant-currency basis, topping Wall Street’s $3.38 estimate. Revenue rose 1% to $7.157 billion but missed the $7.285 billion forecast. Global comparable sales grew 1.5%, with systemwide sales up 4% in constant currency, supported by new restaurant openings. CEO Chris Kempczinski warned that food and paper costs could rise by mid-single digits in 2027.