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McDonald’s Corp.’s stock fell Thursday after the company reported a 3% drop in first-quarter profit on lower-than-expected same-store sales, as customer traffic to its restaurants dipped.
McDonald’s store traffic fell further than expected in the first quarter as economic uncertainty weighed on diners. The trouble was particularly acute in the U.S., where same-store sales — or sales at ...
McDonald's is the latest fast food chain to report a decrease in sales amid a turbulent and volatile U.S. economy impacted by ...
The fast-food giant’s patrons are “grappling with uncertainty” as spending slows at several restaurant chains.
U.S. Same-Store Sales Decline McDonald's U.S. same-store sales fell by 3.6% in the first quarter, the worst performance since the 8.7% drop in Q2 2020. CEO Chris Kempczinski noted a significant ...
McDonald's, a stalwart American fast food chain, posted a steep sales drop at U.S. restaurants in ... The burger chain's same-store sales in the U.S. declined 3.6% in the first quarter, reflecting ...
McDonald's low-cost value meals weren't enough to slow the drop in traffic to its fast food restaurants as consumers cut back spending.
McDonald’s same-store sales fell 1% globally in the first quarter, as growing traffic in Japan, China and the Middle East failed to overcome weakness in markets like the U.K. Without the impact ...
AP — McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners. The burger giant’s same-store sales, or sales at locations open at least a ...
McDonald’s store traffic fell further than expected in the first quarter as economic uncertainty weighed on diners. The trouble was particularly acute in the U.S., where same-store sales — or ...