McDonald's Corporation (MCD) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.193 Thank you for standing by. Hello 00:00:03.276 -- 00:00:08.924 and welcome to McDonald's first quarter 2026 investor conference call. 00:00:08.924 -- 00:00:13.771 At the request of McDonald's Corporation, this conference is being recorded. 00:00:13.771 -- 00:00:19.259 Following today's presentation, there will be a question and answer session for investors. 00:00:19.259 -- 00:00:24.406 At that time, investors only may ask a question by pressing star 1 on their touchtone 00:00:24.406 -- 00:00:27.893 phone. I would now like to turn the conference over to Mr. 00:00:27.893 -- 00:00:32.938 Dexter Combele, Vice President of Investor Relations for McDonald's Corporation. 00:00:32.938 -- 00:00:36.000 Mr. Combele, you may begin. 00:00:37.103 -- 00:00:40.006 Good morning, everyone, and thank you for joining us. 00:00:40.006 -- 00:00:44.872 With me on the call today are Chairman and Chief Executive Officer Chris Kempchinsky 00:00:44.872 -- 00:00:50.278 and Chief Financial Officer Ian Borden. As a reminder, the forward-looking statements 00:00:50.278 -- 00:00:56.478 in our earnings release and 8K filing also apply to our comments on the call today. 00:00:56.478 -- 00:01:01.486 Both of those documents are available on our website, as are reconciliations of 00:01:01.486 -- 00:01:06.874 any non-GAAP financial measures mentioned on today's call, along with their corresponding 00:01:06.874 -- 00:01:12.282 GAAP measures. Following prepared remarks this morning, we will take your questions. 00:01:12.282 -- 00:01:16.528 Please limit yourself to one question and then re-enter the queue for any additional 00:01:16.528 -- 00:01:21.656 questions. Today's conference call is being webcast and is also being recorded 00:01:21.656 -- 00:01:26.127 for replay via...