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- Marks McDonald's first-ever naming rights partnership for a major professional sports stadium in the U.S.
- Long‑term partnership between two iconic Chicago based brands to create a new year‑round destination for soccer, culture, and community
- Partnership will expand Chicago Fire FC's P.L.A.Y.S. Program fourfold - reaching more than 280 under resourced CPS schools and more than 125,000 students
- McDonald's Park will feature immersive fan experiences, including a flagship McDonald's restaurant and year‑round programming
- Stadium will support community impact initiatives, including a stadium‑wide Round-Up for Ronald McDonald House
CHICAGO, May 13, 2026 /PRNewswire/ -- McDonald's and Chicago Fire Football Club today announced a historic naming rights partnership that will see the Major League Soccer club's new $750 million privately-funded stadium named McDonald's Park, opening in 2028. Located in The 78, a premier riverfront location in the heart of Chicago, McDonald's Park will serve as a world-class sports and entertainment destination, anchoring year‑round programming and creating a new gathering place for fans, families, and communities.
In its first‑ever naming rights partnership for a major professional sports stadium in the U.S., McDonald's will play an active role in shaping the experience at McDonald's Park - from the design of a flagship restaurant to the ability to bring the McDonald's brand to life through fan experiences, creative elements, and in‑game moments - bringing together sport, food, culture and community in a way that reflects Chicago and extends far beyond matchdays.
At their core, McDonald's and the Chicago Fire are rooted in the same belief: joy and belonging bring people together. From everyday moments shared over a meal to the energy of matchday or a concert, both brands connect people across cultures, generations, and neighborhoods.
Designed as a year-round destination, McDonald's Park will feature – in addition to all Chicago Fire home matches and concerts and special events throughout the year – a permanent McDonald's flagship restaurant, immersive fan and culinary experiences throughout the stadium, and programming that brings people back for concerts, cultural moments, community events, and celebrations all year long.
- "Together, we are creating more than a stadium," said Chris Kempczinski, Chairman and CEO of McDonald's. "We are building a place that serves up joy, brings together community, delivers impact, and is designed to serve generations to come."
- "As we take the next step on our journey to build a world class Club, our commitment to Chicago is at the center of everything we do," said Joe Mansueto, Chicago Fire FC Owner and Chairman. "That's why McDonald's is the perfect partner – an iconic global brand with deep Chicago roots and shared values in supporting our community. McDonald's Park will be the stadium that Chicago deserves."
Our Promise to Chicago: Expanding Youth Soccer Access Through Chicago Fire Foundation's P.L.A.Y.S. Program
At the center of the partnership is a landmark expansion to youth soccer access across Chicago.
Beginning in 2027, McDonald's will serve as the presenting partner of the Chicago Fire's P.L.A.Y.S. (Participate, Learn, Achieve, Youth, Soccer) Program, supporting a multiyear expansion of free, school‑based soccer programming across Chicago Public Schools – with a priority placed on elementary schools with limited access to the sport.
P.L.A.Y.S. focuses on strengthening academic performance and social/emotional development through a soccer-based curriculum. Today, the program operates in 70 Chicago Public Schools. Through this partnership, McDonald's and the Chicago Fire have committed to a phased expansion designed to remove barriers to play and dramatically increase access:
- Community impact: Beginning in 2027, the partnership will remove equipment as a barrier to participation by delivering co‑branded Soccer Starter Kits – including balls, goals, cones, and training materials—with the goal of growing to reach more than 280 under‑resourced CPS elementary schools, ensuring each school has the foundational tools needed to introduce and sustain soccer programming.
- By stadium opening (2028): The P.L.A.Y.S Program footprint will double, expanding from 70 schools to approximately 140 schools (reaching more than 60,000 students, up from 31,000 today), providing free, structured after‑school soccer programming that combines physical activity with social‑emotional learning.
- Long‑term vision: Over the life of the partnership, McDonald's and the Chicago Fire are committed to expanding P.L.A.Y.S. access to 100% of CPS elementary schools identified with elevated need – representing a four‑fold increase in reach (from 70 to more than 280 schools, and from 31,000 to more than 125,000 students) and one of the most comprehensive free youth soccer initiatives in a major U.S. city.
Local Impact Beyond Matchdays
McDonald's Park will serve as a hub for community impact extending far beyond the game. Together, McDonald's and the Chicago Fire will support hands‑on initiatives addressing food insecurity, including an annual meal‑packing and distribution effort hosted at the stadium – bringing together employees, players, and community volunteers to support families in need.
Ronald McDonald House at the Heart of the Partnership
Ronald McDonald House, Premier Partner of the Chicago Fire Foundation, will be a central charitable focus of the partnership, with year‑round integration across matchday and community platforms.
Key elements include:
- Stadium‑wide Round-Up for Ronald McDonald House donation opportunities across concessions.
- A dedicated Ronald McDonald House seating section at McDonald's Park for families.
- Pre‑match meet‑and‑greets and special experiences for RMH families.
- Annual Family Night, featuring a 50/50 raffle benefitting RMH and on‑field recognition in support of families navigating serious illness.
Over the next two years, fans will be invited into the journey – through design reveals, construction milestones, and behind-the-scenes storytelling that brings McDonald's Park to life. When McDonald's Park opens in 2028, it will stand as more than a stadium. It will be a place where Chicago comes together—where soccer sparks joy, community thrives year‑round, and a new generation finds opportunity through play.
More about McDonald's Park
Located along the Chicago River at The 78, the Fire's new stadium will be a centerpiece of a vibrant mixed-use neighborhood and a catalyst for continued economic development and significant job opportunities in the South Loop. The riverfront location will integrate public plazas, activated outdoor spaces, and connectivity to surrounding retail and residential development, positioning the stadium as both a matchday destination and a year-round city asset.
The stadium will seat more than 22,000 fans for soccer matches and up to 31,000 for concerts and special events and has been thoughtfully designed to deliver exceptional sightlines and memorable entertainment experiences. Featuring a wide range of seating options, the venue will create an unparalleled home atmosphere for Chicago Fire fans and eventgoers alike.
As a dynamic, year-round community destination, the stadium will serve as a true community asset, hosting a wide variety of sports and entertainment events beyond Fire matches, including international soccer, rugby, concerts, festivals, trade shows, and corporate conferences.
About Chicago Fire Football Club
Chicago Fire Football Club (Chicago Fire FC) is a professional soccer club that competes in Major League Soccer (MLS). One of the league's first expansion teams – founded on Oct. 8, 1997 (the 126th anniversary of the Great Chicago Fire) – the Club has earned six major domestic trophies, including four U.S. Open Cups and the 2003 Supporters' Shield, and returned to the playoffs in 2025, winning its first postseason match since 2009.
The Club recently broke ground on its privately-funded, soccer-specific stadium in Chicago's South Loop neighborhood, a transformational new home set to open in 2028. The team currently plays at historic Soldier Field and trains at Chicago's Endeavor Health Performance Center, a $100 million state-of-the-art facility that opened in 2025.
The Club's development pathway includes Chicago Fire II, which competes in MLS NEXT Pro, and the Chicago Fire Academy, featuring five teams from U-13 to U-18. Off the field, the Chicago Fire Foundation – internationally recognized, including as ESPN's 2019 Sports Humanitarian Team of the Year – has made significant contributions to enhance the lives of disadvantaged youth throughout Chicagoland, providing more than $10 million back to the community. For more information, visit chicagofirefc.com.
About McDonald's
McDonald's is the world's leading global foodservice retailer with over 45,000 locations in over 100 countries. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners.
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SOURCE McDonald's Corporation
- Global comparable sales increased 3.8% for the quarter, with consistently solid comparable sales growth across all segments
- Global Systemwide sales* increased 11% (6% in constant currencies) to over $34 billion for the quarter
- Across 70 loyalty markets, Systemwide sales to loyalty members were over $38 billion for the trailing twelve-month period and over $9 billion for the quarter
CHICAGO, May 7, 2026 /PRNewswire/ -- McDonald's Corporation today announced results for the first quarter ended March 31, 2026.
"McDonald's delivered this quarter. Our 6% global Systemwide sales growth shows how we executed with discipline, proving that we can drive results even in a challenging environment," said Chairman and CEO Chris Kempczinski. "And it's our commitment to going three-for-three that sets McDonald's apart. Our value leadership, breakthrough marketing, and menu innovation continue to serve up what customers want."
First quarter financial performance:
- Global comparable sales increased 3.8%:
- U.S. increased 3.9%
- International Operated Markets increased 3.9%
- International Developmental Licensed Markets increased 3.4%
- Consolidated revenues increased 9% (4% in constant currencies).
- Systemwide sales increased 11% (6% in constant currencies).
- Consolidated operating income increased 12% (6% in constant currencies). Results reflected pre-tax charges of $47 million and $66 million for the current year and prior year, respectively, primarily related to restructuring charges associated with Accelerating the Organization. Excluding these current and prior year charges, consolidated operating income increased 11% (5% in constant currencies).**
- Diluted earnings per share was $2.78, an increase of 7% (2% in constant currencies). Excluding the current year charges described above of $0.05 per share, diluted earnings per share was $2.83, an increase of 6% (1% in constant currencies) when also excluding prior year charges.**
*Refer to page 3 for a definition of Systemwide sales.
**Refer to page 2 for additional details on our results for the first quarter 2026 and 2025.
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COMPARABLE SALES
Increase/(Decrease) | ||||||
Quarters Ended March 31, | ||||||
2026 | 2025 | |||||
U.S. | 3.9 | % | (3.6) | % | ||
International Operated Markets | 3.9 | (1.0) | ||||
International Developmental Licensed Markets | 3.4 | 3.5 | ||||
Total Company | 3.8 | % | (1.0) | % | ||
- U.S.: Comparable sales results were primarily driven by positive check growth.
- International Operated Markets: Nearly all markets reflected positive comparable sales, led by the U.K., Germany and Australia.
- International Developmental Licensed Markets: Positive comparable sales were led by Japan, with all geographic regions reflecting comparable sales growth.
KEY FINANCIAL METRICS - CONSOLIDATED
Dollars in millions, except per share data
Quarters Ended March 31, | |||||||||
2026 | 2025 | Inc/ (Dec) | Inc/ (Dec) Excluding Currency Translation | ||||||
Revenues | $ 6,517 | $ 5,956 | 9 | % | 4 | % | |||
Operating income | 2,953 | 2,648 | 12 | 6 | |||||
Net income | 1,983 | 1,868 | 6 | 1 | |||||
Earnings per share-diluted | $ 2.78 | $ 2.60 | 7 | % | 2 | % | |||
Results included pre-tax charges of $47 million, or $0.05 per share, for the three months ended March 31, 2026 and $66 million, or $0.07 per share, for the three months ended March 31, 2025, primarily related to restructuring charges associated with the Company's internal effort to modernize ways of working (Accelerating the Organization).
Excluding the above items, results reflected higher sales-driven Franchised margins, partly offset by a higher effective tax rate.
NET INCOME AND EARNINGS PER SHARE-DILUTED RECONCILIATION
Dollars in millions, except per share data
Quarters Ended March 31, | |||||||||||||||||||
Net Income | Earnings per share - diluted | ||||||||||||||||||
2026 | 2025 | Inc/ (Dec) | Inc/ (Dec) Excluding Currency Translation | 2026 | 2025 | Inc/ (Dec) | Inc/ (Dec) Excluding Currency Translation | ||||||||||||
GAAP | $ 1,983 | $ 1,868 | 6 | % | 1 | % | $ 2.78 | $ 2.60 | 7 | % | 2 | % | |||||||
(Gains)/Charges, net of tax | 36 | 51 | 0.05 | 0.07 | |||||||||||||||
Non-GAAP | $ 2,019 | $ 1,919 | 5 | % | — | % | $ 2.83 | $ 2.67 | 6 | % | 1 | % | |||||||
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THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE
Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends.
Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters, pandemics and acts of war, terrorism or other hostilities. Comparable sales exclude the impact of currency translation and the sales of any market considered hyperinflationary (generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%), which management believes more accurately reflects the underlying business trends. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix.
Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. Systemwide sales to loyalty members are comprised of all sales to customers who self-identify as a loyalty member when transacting with both Company-owned and operated and franchised restaurants. Systemwide sales to loyalty members are measured across 70 markets with loyalty programs. Systemwide sales to loyalty members represents an aggregation of the prior four quarters of sales to loyalty members active in the last 90 days of the respective quarter. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. The Company's revenues consist of sales by Company-owned and operated restaurants and fees from franchised restaurants operated by conventional franchisees, developmental licensees and affiliates. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion.
Free cash flow, defined as cash provided by operations less capital expenditures, and free cash flow conversion rate, defined as free cash flow divided by net income, are measures reviewed by management in order to evaluate the Company's ability to convert net profits into cash resources, after reinvesting in the core business, that can be used to pursue opportunities to enhance shareholder value.
RELATED COMMUNICATIONS
This press release should be read in conjunction with Exhibit 99.2 to the Company's Form 8-K filing for supplemental information related to the Company's results for the quarter ended March 31, 2026.
McDonald's Corporation will broadcast its investor earnings conference call live over the Internet at 7:30 a.m. (Central Time) on May 7, 2026. A link to the live webcast will be available at www.investor.mcdonalds.com. There will also be an archived webcast available for a limited time thereafter.
UPCOMING COMMUNICATIONS
For important news and information regarding McDonald's, including the timing of future investor conferences and earnings calls, visit the Investor Relations section of the Company's Internet home page at www.investor.mcdonalds.com. McDonald's uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.
ABOUT McDONALD'S
McDonald's is the world's leading global foodservice retailer with over 45,000 locations in over 100 countries. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners.
FORWARD-LOOKING STATEMENTS
This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from expectations are detailed in the Company's filings with the Securities and Exchange Commission, including the risk factors discussed in Exhibit 99.2 to the Company's Form 8-K filing on May 7, 2026. The Company undertakes no obligation to update such forward-looking statements, except as may otherwise be required by law.
3
McDONALD'S CORPORATION CONDENSED CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) | |||||||
Dollars and shares in millions, except per share data | |||||||
Quarters Ended March 31, | 2026 | 2025 | Inc/ (Dec) | ||||
Revenues | |||||||
Revenues from franchised restaurants | $ 4,007 | $ 3,661 | $ 345 | 9 % | |||
Sales by Company-owned and operated restaurants | 2,317 | 2,132 | 185 | 9 | |||
Other revenues | 193 | 162 | 31 | 19 | |||
TOTAL REVENUES | 6,517 | 5,956 | 561 | 9 | |||
Operating costs and expenses | |||||||
Franchised restaurants-occupancy expenses | 676 | 620 | 56 | 9 | |||
Company-owned and operated restaurant expenses | 2,032 | 1,859 | 173 | 9 | |||
Other restaurant expenses | 166 | 140 | 26 | 19 | |||
Selling, general & administrative expenses | |||||||
Depreciation and amortization | 111 | 107 | 4 | 3 | |||
Other | 648 | 575 | 73 | 13 | |||
Other operating (income) expense, net | (69) | 7 | (76) | n/m | |||
Total operating costs and expenses | 3,564 | 3,308 | 256 | 8 | |||
OPERATING INCOME | 2,953 | 2,648 | 305 | 12 | |||
Interest expense | 400 | 376 | 24 | 6 | |||
Nonoperating (income) expense, net | 11 | (57) | 69 | n/m | |||
Income before provision for income taxes | 2,542 | 2,330 | 212 | 9 | |||
Provision for income taxes | 559 | 461 | 98 | 21 | |||
NET INCOME | $ 1,983 | $ 1,868 | $ 115 | 6 % | |||
EARNINGS PER SHARE-DILUTED | $ 2.78 | $ 2.60 | $ 0.18 | 7 % | |||
Weighted average shares outstanding-diluted | 713.5 | 718.2 | (4.7) | (1) % | |||
n/m Not meaningful | |||||||
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SOURCE McDonald's Corporation