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Persistent inflation has caused consumers to shift to affordable food options at home, leading chains like McDonald's and ...
Global sales fell 1% in the second quarter, its first decline in 13 quarters, compared with analysts' average estimate of a 0.53% rise, according to LSEG data.
According to the report, McDonald's had a 3% drop in revenue, and same-store sales in the U.S. dropped 3.6% from the prior year, marking the most significant decline since the COVID-19 pandemic in ...
Chicago-based McDonald’s said adjusted earnings per share were $2.67. The earnings report also indicated that global sales fell 1.0%, with the most notable decline in sales in the U.K.
McDonald’s regulars are reducing their fast-food trips, fueling concerns about an economic malaise fanning across the restaurant sector. The burger giant posted a 3% drop in revenue in its ...
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms By Amelia Lucas,CNBC • Published October 29, 2024 • Updated on October 29, 2024 at 9:59 am ...
McDonald’s Corp. sales rose in the fourth quarter after growth in the chain’s international business made up for a decline in the US. Global same-stores sales climbed by 0.4%, ...
McDonald's on Thursday reported mixed quarterly results as its U.S. same-store sales fell for the second straight quarter, posting their largest domestic decline since the onset of the Covid ...
McDonald’s earlier this year said customers spending less money per visit dealt a blow to U.S. sales. - Dustin Franz/Bloomberg News McDonald’s regulars are reducing their fast-food trips ...
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