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

submitted 4 months ago by MicroWave@lemmy.world to c/economics@lemmy.world

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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.

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[–] Lucky_777@lemmy.world 5 points 4 months ago (8 children)

If it wasn't for my kids begging for McDs. I would never go there, maybe for breakfast rarely. But fuck that place man. It's the same trash for decades.

[–] PP_BOY_@lemmy.world -3 points 4 months ago (5 children)

What would you say if your kids begged you to buy them cigarettes?

[–] Fiivemacs@lemmy.ca 0 points 4 months ago

Right? I do NOT understand the mentality of the kids running the show... Do people not know how to use the word no anymore ?

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