Economics

789 readers

153 users here now

founded 2 years ago

141

McDonald’s reports largest U.S. same-store sales decline since 2020 (www.cnbc.com)

submitted 1 day ago by [email protected] to c/[email protected]

33 comments fedilink hide all child comments

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 pandemic.

McDonald’s U.S. same-store sales shrank 3.6% as the chain faced bad weather and a more cautious consumer. That drop is the worst in McDonald’s home market since the 8.7% plunge during the second quarter of 2020, when states imposed lockdowns to slow the spread of Covid.

Analysts surveyed by StreetAccount were expecting the company to report domestic same-store sales declines of 1.7% for the first quarter.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 3 points 1 day ago (1 children)

The bacon, egg, and cheese bagel combo still rocks but it's like $12 now. McDonald's breakfast was about $6 here five years ago.

[–] [email protected] 2 points 1 day ago (1 children)

Breakfast I'm still a sucker for their steak bagel they finally brought back and their nuggets and big mac. But even i have stopped going very often.

[–] [email protected] 1 points 1 day ago

I haven't eaten anything but breakfast since they got rid of the cheap wraps but it's still my go-to "treat" when I have to be somewhere early