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McDonald’s suffered its steepest drop in a crucial sales metric ... McDonald’s said it’s noticing a broader hit to traffic. McDonald’s said its US same-store sales plunged 3.6% in the ...
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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 ...
The Associated Press - Business News on MSN14d
Fast food giant shocked by drop in business as customers fear worsening economyMcDonald’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 year, fell 1% ...
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 ...
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 ...
The fast-food giant’s patrons are “grappling with uncertainty” as spending slows at several restaurant chains.
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