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Same-store sales in McDonald's international markets also rose 12.6% during the quarter. A car goes through the drive-thru at a McDonald's restaurant on April 03, 2023 in San Pablo, California.
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 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.
Weaker consumer spending in China and impacts of the Middle East conflict have dented McDonald's business segment where restaurants are operated by local partners, with sales dipping 3.5% compared ...
There was a similar trend for global same-store sales, though McDonald’s attributed the problem to slower store traffic in France and the Middle East fell due to boycotts sparked by the war in ...
The deal was originally set to last through July but many locations now plan to extend it into August in hopes of driving sales, Fox Business reports. McDonald’s profits dropped 12 percent over ...
McDonald's loyalty program was key to its performance. In Q4, loyalty members brought in $6 billion in sales across 50 markets and more than $20 billion across fiscal 2023, a 45% jump from 2022.
More isn’t always more—as McDonald’s CEO recently admitted. After beefing up its prices in the hopes of generating more sales, the burger giant actually wound up turning off some core customers.