MCD · 8-K · 20260804PR000067
Operating Expense Trends
MCDONALDS CORP · 2026-08-04 · Importance 47 · Surprise 22 · No source text
Second-quarter total operating costs and expenses increased 4% year over year to $3,760 million, while six-month costs increased 6% to $7,324 million. Second-quarter selling, general and administrative expense increased 19% to $706 million from $595 million, and the six-month amount increased 16% to $1,354 million from $1,170 million. Six-month company-owned and operated restaurant expenses increased $233 million to $4,170 million, while franchised-restaurant occupancy expenses increased $82 million to $1,356 million. Management said higher selling, general and administrative expenses partly offset higher sales-driven franchised margins and higher Other operating income.
Key facts
- Consolidated operating income for the quarter increased 3% (2% in constant currencies). source
- Six months operating income was $6,292 million, an increase of 7% (4% excluding currency translation). source
- Consolidated operating income for the quarter was $3,338 million. source
- Total operating costs and expenses for the quarter were $3,760 million. source
- Interest expense for the quarter was $409 million. source
- Provision for income taxes for the quarter was $574 million. source
- Weighted average diluted shares outstanding for the quarter were 711.1 million, compared with 717.6 million in the prior year quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +5.8% | Six months operating income was $6,292 million, an increase of 7% (4% excluding currency translation). |
| operating_income | positive | realized | +1.5% | Consolidated operating income for the quarter increased 3% (2% in constant currencies). |