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McDonald’s profits down 12% as low-income families tighten budgets with chain hoping $5 deal can save sales. ... Sales at McDonald’s locations fell 1 percent worldwide between April and June, ...
McDonald's is expected to post a 0.72% drop in global same-store sales in the third quarter, while earnings per share is expected to be $3.20, according to estimates compiled by LSEG.
(Reuters) -McDonald's executives on Tuesday brushed off a potential sales hit from the deadly E. coli outbreak in the U.S., saying that the fast-food giant was past the incident and was looking to ...
The dip was the first decline in global sales for McDonald's since the fourth quarter of 2020 when the U.S. economy, amid the COVID-19 pandemic, had its sharpest annual drop since 1946.
McDonald's U.S. President Joe Erlinger said Monday that $5 meal deal sales are running ahead of expectations and are getting lower-income consumers back into McDonald's stores.
For the full fiscal year 2003, McDonald's systemwide sales, which include all restaurants and franchisees, increased 9% year over year, up from 1% the year prior. US same-store sales for the year ...
McDonald's US same store sales were up 2.5%, slightly off from the 2.55% expected. Higher menu prices boosted the average check size, while marketing campaigns and growth in digital and delivery ...
McDonald's revenue rose 14% to $6.69 billion, ahead of the $6.56 billion Wall Street forecast. McDonald's net income — which included a $26 million charge for a restructuring announced last ...