McDonald's (MCD) Q1 2025 earnings

The McDonald's (MCD) logo is visible in Los Angeles, California.

Lucy Nicholson | Reuters

McDonald's On Thursday, the quarterly quarterly results were different as U.S. same-store sales fell for the second straight quarter, the biggest domestic decline since the communal pandemic began.

McDonald's U.S. same-store sales fell 3.6% as the chain faced bad weather and more cautious consumers. The worst situation in McDonald's domestic market has been the worst since it fell 8.7% in the second quarter of 2020, when states imposed lockdowns to slow the spread of Covid.

Analysts surveyed by StreetAccount expect the company to report a 1.7% decline in domestic store sales in the first quarter.

The company said McDonald's same-store sales fell 1% in the quarter in all markets, hurting compared to last year's Leap Day.

McDonald's did not address the tough consumer environment in a press release on Thursday, but could comment on it on a conference call that began at 8:30 a.m. ET.

The company's shares are approximately in the listing transaction.

According to an LSEG survey of analysts, the company compares to Wall Street expectations, which is what the company's first-quarter report says:

The fast food restaurant reported first-quarter net revenue of $1.87 billion, or $2.60 per share, down from $1.93 billion or $2.66 per share a year ago.

Excluding restructuring fees and other items, McDonald's earns $2.67 per share.

Net sales fell 3% to $5.96 billion.

Back in February, CFO Ian Borden said he expected the first quarter to be a low for McDonald's same-store sales, partly because the U.S. year started weaker since then, with President Donald Trump raising widespread tariffs that exacerbated pricing issues for some consumers.

For its part, McDonald's has said it plans to take diners back to the restaurant this year on valuable meals and buzzing menu items such as snack packaging.

Outside the U.S., McDonald's same-store sales fell 1% in its international operating market, including Australia and France. The division includes McDonald's' largest international market, accounting for half of its revenue. Analysts expect same-store sales to be flat in the quarter.

The company's International Development Licensing Markets division reported a 3.5% increase in same-store sales, nearly beating analysts' estimates of 3.2%. This section includes Japan, China and Brazil.

This story is developing. Please check it for updates.

- Robert Hum of CNBC contributed to the report.