- cross-posted to:
- economy@lemmy.world
- business@lemmy.world
- cross-posted to:
- economy@lemmy.world
- business@lemmy.world
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.
Remind me how much McDonald’s and it’s executives donated to conservative PACs? Their food hasn’t been edible in decades.
The bacon, egg, and cheese bagel combo still rocks but it’s like $12 now. McDonald’s breakfast was about $6 here five years ago.
Breakfast I’m still a sucker for their steak bagel they finally brought back and their nuggets and big mac. But even i have stopped going very often.
I haven’t eaten anything but breakfast since they got rid of the cheap wraps but it’s still my go-to “treat” when I have to be somewhere early