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McDonald's global sales top estimates

McDonald's global comparable sales for the second quarter beat Wall Street estimates today, as affordable meal bundles and promotions drew in budget-conscious diners looking to stretch their dollars amid economic uncertainty.

Business • 06 Aug

Stalled McDonalds expansion continues

The expansion of fast food giant McDonalds, stalled by sole objectors against two planned drive-thrus, can continue following An Coimisiún Pleanála giving the green light to the new outlets in Co Waterford and Co Westmeath.

Business • 03 Jul

McDonald's Restaurants generates its revenues from amounts charged to franchisees with the number of franchisee restaurants remaining at 95 in 2024

Pre-tax profits up 17% at McDonald's Irish operations

Pre-tax profits at the Irish arm of US fast food giant McDonald's last year increased by 17% to €42.43m.

Business • 20 Jun

The City Council has ordered that planned pigeon protection spikes to the upper floors of the O'Connell Street branch be omitted

Approval for McDonald's O'Connell Street outlet make-over

Dublin City Council has given the green light for a makeover of a prominent McDonald's outlet on Dublin's O'Connell Street.

Business • 20 Jun

McDonald's results echoed recent warnings from restaurant operators Domino's Pizza, Chipotle Mexican Grill and Starbucks that Americans were spending less on dining out

McDonald's global sales post surprise drop on tariff woes

McDonald's has today posted a surprise drop in first-quarter global comparable sales, as demand from cash-strapped diners in the US and Europe faltered on uncertainty sparked by chaotic tariffs.

Business • 01 May

Revenues at the Byrnes' franchisee McDonalds business - which is the largest in the west and midwest - have grown exponentially in recent years

Revenues at McDonald's franchise operator jump 16%

Revenues at one of the largest McDonald's franchise operators in the country, Aarval increased by 16% from €40.27m to a record €46.93m in 2023.

Business • 18 Mar

An E.coli outbreak that started on October 22 forced McDonald's to temporarily suspend sales of its Quarter Pounder hamburgers in a fifth of its 14,000 US restaurants

McDonald's posts biggest US sales fall in nearly 5 years

McDonald's has today posted a steeper-than-expected drop in quarterly US comparable sales, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.

Business • 10 Feb

New accounts for McDonald's Restaurants of Ireland Ltd show that pre-tax profits decreased as revenues rose by 6% from €80.56m to €85.65m in 2023

Expanding McDonalds Ireland revenues increase to €86m

Pre-tax profits at the Irish arm of US fast food giant McDonald's in 2023 decreased by 16% to €36.32m.

Business • 30 Jan

The McDonald's ice cream became an unlikely topic in the US Presidential election - and a key battleground of the Right to Repair movement

Can We Fix It? Right to Repair rules could cut costs

From ice creams to smartphones to tractors, the right to repair movement should help consumers and businesses get more out of their devices, writes Adam Maguire.

Business • 14 Nov 24

20 objections have been lodged against the proposal.

Locals object to new McDonald's drive-thru for Thurles

A number of locals in Thurles, Co Tipperary are objecting to McDonald's Ireland constructing a new drive-thru fast food restaurant on health grounds.

Business • 05 Nov 24

McDonald's said its global sales fell 1.5% in the third quarter - the biggest decline in four years

McDonald's brushes off sales hit from US E. coli outbreak

McDonald's executives have today brushed off a potential sales hit from the deadly E. coli outbreak in the US, saying that the fast-food giant was past the incident and was looking to revive muted demand through promotions and value menu items.

Business • 29 Oct 24

Onions have been named as the likely source of an E coli outbreak at McDonald's restaurants in the US that has sickened 49 people and killed one

No onions at US fast-food chains after E coli outbreak

US fast-food chains were pulling fresh onions out of their menu items after the vegetable was named as the likely source of an E coli outbreak at McDonald's restaurants that has sickened 49 people and killed one.

Business • 25 Oct 24

Analysts said McDonald's fourth-quarter sales could see some pressure from the E coli outbreak

McDonald's shares slide amid E. coli outbreak

Shares of McDonald's fell 7.3% in early trading on Wall Street today after an E coli outbreak linked to the restaurant chain's quarter pounder burgers resulted in the death of one person and sickened 49 people in the US.

Business • 23 Oct 24

McDonald's has announced its largest expansion programme for more than 20 years

McDonald's to open 200 new restaurants in Ireland and UK

McDonald's is to open more than 200 restaurants across Ireland and the UK over the next four years in a plan set to create around 24,000 jobs.

Business • 21 Aug 24

McDonald's said sales in international markets, which made up nearly half its 2023 revenue, dropped 1.1% in the second quarter

McDonald's sales fall for first time in over three years

McDonald's has reported a surprise drop in sales worldwide, its first decline in 13 quarters, as deal-seeking consumers shy away from higher priced menu items, including Big Macs.

Business • 30 Jul 24

Global sales fell 1% in the second quarter, its first decline in 13 quarters

McDonald's posts surprise drop in quarterly global sales

McDonald's reported a surprise drop in quarterly global comparable sales today, as the burger giant struggled to hold back budget-strapped customers from opting for cheaper meals at home.

Business • 29 Jul 24

Supermac's in 2017 had filed an application for revocation of the Big Mac trademark in relation to certain goods and services (File image)

Supermac's wins Big Mac trademark case with McDonald's

The General Court of the European Court of Justice has upheld a complaint by the Irish fast-food company Supermac's against the global giant McDonald's in a long-running dispute over the use of the "Big Mac" trademark.

Business • 05 Jun 24

McDonald's has selected Lakeland's no added sugar VIVA range of 200ml chocolate, banana and strawberry milks to be a key part of the new menu on a trial basis

Lakeland's VIVA milk products in McDonald's trial

Lakeland Dairies' line of VIVA flavoured milks is part of the largest shake-up of McDonald's Happy Meal range for more than a decade.

Business • 23 May 24

McDonald's fell short of Wall Street estimates for Q1 sales today

McDonald's sales miss estimates as customers cut back

McDonald's fell short of Wall Street estimates for first-quarter sales today as budget-conscious consumers cut back on restaurant meals and the Middle East conflict weighed on the burger chain's international sales.

Business • 30 Apr 24

McDonald's is buying its 30-year-old Israel franchise from Alonyal, the two companies said today

McDonald's to buy Israel franchise from owner Alonyal

McDonald's is buying its 30-year-old Israel franchise from Alonyal Ltd, taking back ownership of 225 restaurants in the country that employs more than 5,000 people, the companies said today.

Business • 04 Apr 24

Krispy Kreme and McDonald's said they plan to provide donuts across the fast-food giant's US restaurants by the end of 2026

Krispy Kreme shares jump after McDonald's deal

Shares of Krispy Kreme surged as much as 23% in premarket trade today after the company and McDonald's said they plan to provide Krispy Kreme's donuts across the fast-food giant's US restaurants by the end of 2026.

Business • 26 Mar 24

McDonald's said the conflict in the Middle East had 'meaningfully impacted' performance in some overseas markets in the fourth quarter

McDonald's posts rare sales miss on Middle East hit

McDonald's has reported its first quarterly sales miss in nearly four years on weak sales growth at its international business division, partly due to the conflict in the Middle East.

Business • 06 Feb 24

Members of the local Palestinian diaspora hold 'Boycott McDonald's' banner during a recent protest in Edmonton in Canada

McDonald's says markets in Middle East hit by conflict

McDonald's chief executive Chris Kempczinski said that several markets in the Middle East and some outside the region were experiencing a "meaningful business impact" due to the Israel-Hamas conflict as well as "associated misinformation" about the brand.

Business • 05 Jan 24

The first CosMc's location will open in Bolingbrook, Illinois this week as part of a limited test run

McDonald's tests CosMc's stores in beverages boost

McDonald's is set to test a smaller-format concept store called "CosMc's", which will sell cold beverages including flavoured iced teas and slushes, as the fast-food giant charts out an ambitious growth plan.

Business • 07 Dec 23

McDonald's expansion plans would take its restaurant count to about 50,000 in over 100 countries

McDonald's plans to add 10,000 new stores by 2027

McDonald's is planning to open about 10,000 restaurants globally by 2027 and more than double revenue from its loyalty programme, the company said today, as it invests heavily to automate processes and speed up service at its stores.

Business • 06 Dec 23