Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Unlock Free
Roula Khalaf, publisher of the FT, selects her favorite stories in this weekly newsletter.
McDonald’s has published the greatest fall in sales of the United States since the height of Covid-19 Pandemic Five years ago as the uncertainty caused by Donald Trump’s rates, the feeling of the consumer is very heavy.
Sales from the same store in the domestic market decreased 3.6 percent year after year, which ended in March, mainly driven by the lower guests’ counts, said the world’s largest burgers when he published the results on Thursday.
The fall of sales to open restaurants for at least a year came as consumer sentiment declined at the end of the quarter after the Levies of the President of the United States shaken markets and provoked concerns between the North -Americans on their employment perspectives.
Analysts expected a more modest fall of 1.4 percent of sales similar to McDonald’s About 14,000 North -American restaurants, according to Visible Alpha. The data marked the second consecutive quarter for comparable sales of the United States to decrease, and was the largest from 8.7 percent by mid -2020.
McDonald’s CEO Chris Kempczinski said that “current consumers are affecting uncertainty.”
The data follow United States Tempest Quarterly Sales In food and drink establishments Starbucks and Chipotle Mexican Grill. In contrast, the Taco Bell Use of Yum Brands recorded a 9 percent of the sales of the same store.
McDonald’s shares have challenged the weak bag to climb more than 10 percent this year, as investors are committed to their cheap foods will attract customers during a financial descent. It The US economy was hired 0.3 percent compared to the first quarter, according to data published this week.
The Chicago -based company has continued to expand promotions such as “$ 5 food offer“Introduced last summer. He has also published limited time offers such as the Big Mac combination, fried potatoes, drinks and collected figures linked to the launch of A Minecraft movie This month.
Comparable world sales decreased 1 percent of the year in the first quarter, with weakness in the countries, including the United Kingdom, partly offset by stronger sales in markets, including Japan and the Middle East. Excluding the additional day of 2024, world sales would have been inalted in the quarter.
The income fell 3 percent up to $ 5.96 million, missing the estimate of $ 6.12 million in a visible alpha survey. Net income also underlined expectations with 3 % drop up to $ 1.87 million.