McDonald's (MCD) is expected to deliver strong Q4 results on Feb. 11, driven by US and international momentum, UBS Securities said in a note Sunday.
"We anticipate strong US sss and continued international
momentum, with shares still well positioned into '26," the note said. SSS refers to same-store sales.
The report said investor expectations include SSS growth of between 6% to 7% for US, against consensus of 4.8%, and a modest beat for the International Operated Markets segment.
Initial 2026 guidance is likely to include operating margins in the mid to high 40% range, it added.
UBS kept its buy rating, saying that McDonald's has a "favorable" setup for 2026 on catalysts to drive market share gains and strengthen US sales growth, with earnings stability in a still volatile environment.
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