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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.
But sales fell 0.2% in McDonald’s international franchised markets. It was the first time since 2020 that same-store sales have fallen in that segment. ... McDonald's shares were down 1.5% in ...
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.
McDonald’s has experienced troubled waters before. Prior to Kempczinski helming the company in 2015, McDonald’s was struggling to compete with concepts like Shake Shack and Chipotle .
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 ...
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.
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 ...
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, ...