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

submitted 2 days 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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[–] Bluefalcon@discuss.tchncs.de 4 points 2 days ago (1 children)

You are 100% correct. Maybe the lack of shit food from the golden arches will improve their cognitive ability as well.

I still like to think people are just avoiding the grade F shit food.

https://finance.yahoo.com/news/more-americans-using-buy-now-144339419.html

[–] FluorideMind@lemmy.world 4 points 2 days ago (1 children)

Grade f shit food has it's place. Grade f shit food for grade c prices does not.

[–] Bluefalcon@discuss.tchncs.de 1 points 2 days ago

Grade C? Shhhhhhit! A sit down is about the same price. Pick-up meals from a sit down is the same price. I would say Grade F+ price and I do love taco bell every once in awhile.