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By Savyata Mishra (Reuters) -McDonald's executives on Tuesday brushed off a potential sales hit from the deadly E. coli outbreak in the U.S., saying that the fast-food giant was past the incident ...
McDonald's said daily sales took a hit as some customers avoided its restaurants during the health scare, but it doesn't expect a longterm impact. McDonald's says store visits and sales dropped in ...
The dip was the first decline in global sales for McDonald's since the fourth quarter of 2020 when the U.S. economy, amid the COVID-19 pandemic, had its sharpest annual drop since 1946.
McDonald’s same-store sales fell 1.5% companywide during the third quarter. That was worse than the 0.6% decline Wall Street was predicting, according to analysts polled by FactSet. McDonald’s revenue rose 3% to $6.87 billion for the quarter. That was slightly higher than the $6.82 billion analysts were predicting.
Customer visits to McDonald's averaged a 0.27% rise through the July to September period, compared to a 2.2% decline in the prior three months, according to data from Placer.ai.
The fast-food giant reported a 12 percent drop in net income from June 2023 to June 2024. ... Sales at McDonald’s locations fell 1 percent worldwide between April and June, marking the first ...
McDonald’s introduced their $5 value meal earlier this year in response to inflation
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