McDonald’s Corp Stock (MCD) Hits New All-Time High Amid Strong Earnings
McDonald’s Corp shares surged to a record high after surpassing quarterly earnings and revenue expectations. The fast-food giant reported fourth-quarter net income of $2.16 billion, or $3.03 per share, up from $2.02 billion a year earlier. Adjusted earnings reached $3.12 per share, while net revenue climbed 10% to $7 billion.
CEO Chris Kempczinski attributed the performance to improved customer value perception, driving an 8% increase in global systemwide sales. The company plans to invest $3.7 billion to $3.9 billion in capital expenditures this year, including the opening of 2,600 new locations.
McDonald’s stock has gained 7.9% year-to-date and over 53% since 2021, with CFO Ian Borden projecting continued growth through 2026.