McDonald’s Sales Slide in First Since 2020 as Diners Pull Back
Posted on AllSides July 29th, 2024
From The Left
McDonald’s Corp. sales declined for the first time since 2020 in the second quarter, falling short of analyst expectations for modest growth.
The chain’s comparable sales, a metric tracking restaurants open for over a year, fell 1% from the year prior. Each of McDonald’s geographic segments saw sales declines. In the US, the trend was driven, in part, by a decline in foot traffic.
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