Dexter Combalet
Vice President of Investor Relations, McDonald's Corporation
Replay available
McDonald's Corporation (NYSE: MCD) Q3 2025 earnings conference call, held 2025-11-05. Replay captured from the company's public earnings webcast.

Vice President of Investor Relations, McDonald's Corporation
Chairman and Chief Executive Officer, McDonald's Corporation
Chief Financial Officer, McDonald's Corporation
Analyst, Evercore
Analyst, Robert W. Baird & Co.
Analyst, UBS
Analyst, Guggenheim Securities
Analyst, Bank of America
Analyst, J.P. Morgan
Analyst, Oppenheimer & Co.
Analyst, Morgan Stanley
Analyst, Deutsche Bank
Analyst, Barclays
Analyst, Jefferies
Analyst, Citi
Analyst, TD Cowen
hello and welcome to mcdonald's third quarter 2025 investor conference call at the request of mcdonald's corporation this conference is being recorded following today's presentation there will be a question and answer session for investors at that time investors only may ask a question by pressing star 1 on their touchtone phone I would now like to turn the conference over to Mr. Dexter Combalet, Vice President of Investor Relations for McDonald's Corporation. Mr. Combalet, you may begin. Good morning, everyone, and thank you for joining us. With me on the call are Chairman and Chief Executive Officer Chris Kempczynski and Chief Financial Officer Ian Borden. As a reminder, the forward-looking statements in our earnings release and 8K filing also apply to our comments on the call today. Both of those documents are available on our website, as are reconciliations of any non-GAAP financial measures mentioned on today's call, along with their corresponding GAAP measures. Following prepared remarks this morning, we will take your questions. Please limit yourself to one question and then re-enter the queue for any additional questions. Today's conference call is being webcast. and it's also being recorded for replay via our website. And now I'll turn it over to Chris. Good morning, everyone, and thank you for joining us. In the third quarter, McDonald's delivered global comparable sales growth of more than 3.5% with growth across all segments. In addition, for the second quarter in a row, McDonald's delivered global system-wide sales growth of more than 6% in constant currency, reflective of the increasing contribution from new unit openings. Our performance is anchored in our Accelerating the Arches business strategy, an exceptional execution to provide the value our cust...