{
  "id": 129092,
  "title": "McDonald’s posts strong second quarter profit, names new chief of US operations",
  "url": "https://urgent.news/2026/08/04/mcdonalds-posts-strong-second-quarter-profit-names-new-chief-of-us",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-04T11:53:02.000Z",
  "source": {
    "name": "Associated Press",
    "slug": "associated-press",
    "url": "https://apnews.com/article/mcdonalds-profit-economy-9b9ef2da69dc72451928176f17051126"
  },
  "original_language": "en",
  "account": "McDonald's reported a robust profit for its second quarter and appointed a new chief for its U.S. operations amid challenging sales domestically. The company's same-store sales in the U.S. increased by 0.8%, a significant drop from the 2.5% rise in the same period last year, when a Minecraft movie tie-in boosted sales. However, global same-store sales expanded by 1.3%. In May, McDonald's had cautioned that soaring gas prices and consumer anxiety over the U.S.-Iran conflict might hurt sales. Gasoline prices in the U.S. hit a peak of $4.56 per gallon on May 21, according to AAA. The burger giant reported a profit of $2.36 billion, or $3.32 per share, for the quarter ending June 30, a slight improvement from the $2.25 billion, or $3.14 per share, earned in the same period a year ago. Excluding one-time charges and benefits, earnings reached $3.38 per share, surpassing analysts' expectations of $3.32 per share. McDonald's revenue grew to $7.1 billion from $6.84 billion in the previous year, slightly below Wall Street's estimate of $7.13 billion. The company has been adjusting its menu and introducing value deals to target price-sensitive consumers. In April, McDonald's launched a simplified McValue menu with 10 items priced at $3 or less. On Tuesday, McDonald's announced that Skye Anderson would take over as president of McDonald's USA, and the company's shares rose by 1.6% before the market opened.",
  "summary": "McDonald’s posted a strong profit in its second quarter and named a new chief of U.S. operations with sales at home under pressure as many Americans grow more cautious about spending. McDonald’s said same-store sales, or sales at locations open at least a year, edged up…",
  "key_points": [
    "McDonald's reports strong Q2 profit of $2.36 billion",
    "Appoints Skye Anderson as new president of McDonald's USA",
    "U.S. same-store sales increase 0.8%, down from 2.5% last year"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}