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McDonald’s same-store sales drop as U.S. foot traffic fallsMcDonald’s Corp.’ ‘s stock fell 2.4% in premarket trading Thursday after it reported a 3% drop in first-quarter profit on lower-than-expected same-store sales, as guest traffic to its ...
According to the report, McDonald's had a 3% drop in revenue, and same-store sales in the U.S. dropped ... Meanwhile, higher-income traffic remains steady, which the McDonald's CEO said ...
McDonald's pointed to traffic trends at quick-service restaurants ... in April as the Mexican-style food chain saw quarterly same-store sales decline for the first time since COVID-19 shut down ...
But it also comes as McDonald’s store traffic fell further than expected in the first quarter, according to reports earlier this month. The trouble was particularly acute in the U.S., where same ...
The fast-food giant’s patrons are “grappling with uncertainty” as spending slows at several restaurant chains.
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