Will McDonald's say “Tariff”?

McDonald's did not say “Tariff” on its Aug 4, 2026 call (FY26 Q2); it said it on 4 of its last 8 calls: 0, 1, 1, 2, 1, 0, 0, 0 times. As of Oct 24, 2026, McDonald's said “Tariff” at 1 of 5 occasions with a settled Kalshi mention market since Nov 5, 2025 (20%), most recently on Nov 5, 2025. Parrot’s p for the next listing is 24% (n=5, from settlement history blended with transcripts), not a forecast.

24%from settlement history blended with transcripts · n=5Next: Earnings call, Nov 4, 2026 · counts: company speakers + operator
Last 10
1/5Last 10 settled, oldest to newest: yes no no no no
Streak
not said the last 4 times
Counts
company speakers + operator
Market
9¢ Kalshi (may be delayed)
Updated

Where it was said

quotes of at most 25 words; select an appearance

McDonald's

Tariff

Probability
24% · n=5
Settled
1/5 (20%)
Last calls
said in 4 of 8

Next listing counts: company speakers + operator

FY26 Q2 earnings call, Aug 4, 2026 · not said

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FY26 Q1 earnings call, May 7, 2026 · not said

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FY25 Q4 earnings call, Feb 11, 2026 · not said

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FY25 Q3 earnings call, Nov 5, 2025 · said 1 time (counts)

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Counts: company speakers + operator

1 counted (1 in prepared remarks, 0 in Q&A).

Ian BordencompanypreparedIn transcript

…our financial targets for the year, which include the expected impacts from tariffs currently in place, and remain focused on executing our Accelerating the Arches…

FY25 Q2 earnings call, Aug 6, 2025 · said 2 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

2 counted (1 in prepared remarks, 1 in Q&A).

Ian Frederick BordencompanypreparedIn transcript

…46.3% adjusted operating margin in 2024. This includes the expected impact from tariffs that are currently in place. However, we're adjusting our full year margin…

Christopher J. KempczinskicompanyqaIn transcript

…consumer. I think we could all speculate the reasons for that, probably tariffs and the impact that, that might have, questions around employment situation. But…

FY25 Q1 earnings call, May 1, 2025 · said 1 time (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

1 counted (1 in prepared remarks, 0 in Q&A).

Ian BordencompanypreparedIn transcript

…financial targets that we outlined in February, which include the impact from tariffs that are currently in place. We expect foreign currency translation to be…

FY24 Q4 earnings call, Feb 10, 2025 · said 1 time (counts)

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FY24 Q3 earnings call, Oct 29, 2024 · not said

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Every settled listing

newest first · 5 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Sep 23, 2026TariffKalshiNo–
Aug 4, 2026TariffKalshiNo0
May 7, 2026TariffKalshiNo0
Feb 11, 2026TariffKalshiNo0
Nov 5, 2025TariffKalshiYes1

Questions

How many times did McDonald's say “Tariff” on its last earnings call?
McDonald's did not say “Tariff” on its Aug 4, 2026 call (FY26 Q2); it said it on 4 of its last 8 calls: 0, 1, 1, 2, 1, 0, 0, 0 times.
How often does McDonald's say “Tariff”?
As of Oct 24, 2026, McDonald's said “Tariff” at 1 of 5 occasions with a settled Kalshi mention market since Nov 5, 2025 (20%), most recently on Nov 5, 2025.
What is the probability McDonald's says “Tariff” next time?
24%, from settlement history blended with transcripts (n=5). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “McDonald's: ‘Tariff’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/MCD/words/tariff (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=mcdonalds&word=tariff · quotes: /api/v1/quotes?entity=mcdonalds&word=… · columnar JSON in #parrot-data · llms.txt · MCP