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@ Layer3.news
2025-05-02 22:11:33
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
MCDONALD’S U.S. SALES DECLINE IN SHAKY ECONOMY
https://s.yimg.com/ny/api/res/1.2/WOx8HsIxZnQOutgTE7H7uA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MDA-/https://media.zenfs.com/en/the_wall_street_journal_hosted_996/828c852b0104ceaceb980f277de09f89
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✍️ McDonald's reports a 3% drop in revenue in the first quarter, with same-store sales in the US declining 3.6%, the steepest decline since 2020, due to a slowdown in consumer spending.
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👉 McDonald's reported a 3% drop in revenue in the first quarter
👉 Same-store sales in the US declined 3.6%, the steepest decline since 2020
👉 The broader fast-food sector is experiencing a rough patch
👉 Low-income and middle-income households reduced their spending
👉 Higher-income consumers maintained their visits to McDonald's
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#ChrisKempczinski #RussellWeiner #SamAltman #US #MiddleEast #Japan #U.K. #business
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