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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.
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 ...
Sales at McDonald’s locations fell 1 percent worldwide between April and June, marking the first decline since the end of 2020. “The hallmark of a great company is its ability to perform in ...
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.
For the full fiscal year 2003, McDonald's systemwide sales, which include all restaurants and franchisees, increased 9% year over year, up from 1% the year prior. US same-store sales for the year ...
There was a similar trend for global same-store sales, though McDonald’s attributed the problem to slower store traffic in France and the Middle East fell due to boycotts sparked by the war in ...
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