McDonald's same-store sales fall for the 1st time since the pandemic, profit slides 12%
apnews.com/article/mcdonalds-second-quarter-earnings-b4cf6976a8688796b75404f178c5798b
Quick Glance: McDonald's Same-Store Sales Decline First Time Since 2020
- McDonald's experienced the first global decline in same-store sales in nearly four years in the second quarter as inflation-weary consumers skipped meals out or opted for cheaper alternatives.
- In the United States, McDonald's saw a decrease of almost 1% in same-store sales. Despite encountering fewer customers, those who did visit spent more due to price hikes.
- McDonald’s cautioned in April about the growing desire among its inflation-weary customers for enhanced value and affordability.
- The company also noted reduced store traffic in France and the Middle East, along with subdued consumer sentiment in China, where customers are turning to lower-priced competitors.
Story Details
| Last Updated | Aug 05 |
| Total Articles | 53 |
McDonald's admitted its prices are too high and have put off customers: McDonald's global comparable sales dropped 1%. CEO Chris Kempczinski said the company ...
businessinsider.com/mcdonalds-expensive-prices-too-high-fast-food-restaurant-falling-sales-2024-7
McDonald’s is still trying to win back customers: McDonald's saw global sales drop for the first time in three years in its most recent fiscal quarter.
star-telegram.com/news/business/article290546134.html
McDonald’s hit by first global sales drop since 2020: Fast-food chain’s chief says customers are more ‘discriminating’ after years of price rises
ft.com/content/f79bbcd4-856e-49ea-8659-e067c67e0109
McDonald’s sales fall globally for first time in over three years: McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ...
aljazeera.com/economy/2024/7/30/mcdonalds-sales-fall-globally-for-first-time-in-three-years
McDonald's sales fall worldwide for first time in four years: The fast food giant has been hit by weaker demand in recent months and boycotts over the war ...
news.sky.com/story/mcdonalds-sales-fall-worldwide-for-first-time-in-four-years-13187193
McDonald's sales fall globally for first time in more than three years: McDonald's reported a surprise drop in sales worldwide on Monday, its first decline in 13 ...
reuters.com/business/retail-consumer/mcdonalds-posts-surprise-drop-quarterly-global-sales-spending-slows-2024-07-29/
McDonald's to 'rethink' prices after first sales fall since 2020: Sales at the fast food giant slip 1% as cost-conscious customers spend less.
bbc.com/news/articles/c728313zkrjo
McDonald’s same-store sales fall for the 1st time since the pandemic, profit slides 12%
chicagotribune.com/2024/07/29/mcdonalds-profit-slides-12-as-customer-spending-weakens-same-store-sales-fall-globally-for-the-first-time-since-2020-2/
CNA Jul 29
McDonald's sales fall globally for first time in more than three years: McDonald's reported a surprise drop in sales worldwide on Monday (Jul 29) ...
channelnewsasia.com/world/mcdonalds-sales-fall-globally-first-time-three-years-4512841
McDonald's posts drop in sales as Americans walk away from fast food giant: Inflation has caught up with the global restaurant franchise, as budget-conscious ...
9news.com.au/world/mcdonalds-posts-drop-in-sales-as-americans-walk-away-from-fast-food-giant/47286069-a0f5-4852-8726-3c15a2a5b3db
McDonald's earnings, revenue miss estimates as consumer pullback worsens: McDonald's stock has fallen 15% year to date, dragging its market value down to $181 ...
cnbc.com/2024/07/29/mcdonalds-mcd-q2-2024-earnings.html
McDonald's says $5 value meal sales are hot: McDonald's $5 "Meal Deal" appears to be bringing back bargain-hungry customers amid broadly higher post-pandemic ...
nbcnews.com/business/consumer/mcdonalds-says-5-value-meal-sales-are-hot-rcna164056
Americans keep turning their backs on McDonald’s: Inflation has caught up with McDonald’s, and budget-conscious Americans are looking elsewhere for their ...
cnn.com/2024/07/29/investing/mcdonalds-earnings/
Value meals are why McDonald's stock is soaring despite Q2 earnings miss: McDonald's turned in what looked like a weak earnings report. But investors liked what ...
markets.businessinsider.com/news/stocks/mcdonalds-stock-price-soaring-big-q2-earnings-miss-value-meals-2024-7
McDonald’s sales fall worldwide for first time in four years as cost of living bites
theguardian.com/us-news/article/2024/jul/30/mcdonalds-same-store-sales-fall-worldwide-for-first-time-since-2020
McDonald’s facing brutal aftermath of higher prices: The fast-food giant has fallen further behind in the battle to win back frugal customers
kentucky.com/news/business/article290552254.html
McDonald’s is still trying to win back customers: McDonald's saw global sales drop for the first time in three years in its most recent fiscal quarter.
miamiherald.com/news/business/article290546134.html
McDonald’s is still trying to win back customers: McDonald's saw global sales drop for the first time in three years in its most recent fiscal quarter.
charlotteobserver.com/news/business/article290546134.html
McDonald's Just Made Another Big Announcement, and the Secret Behind It Is Eye-Opening
inc.com/bill-murphy-jr/mcdonalds-5-meal-deal-low-margin-high-volume.html
McDonald’s facing brutal aftermath of higher prices: The fast-food giant has fallen further behind in the battle to win back frugal customers
star-telegram.com/news/business/article290552254.html
McDonald’s facing brutal aftermath of higher prices: The fast-food giant has fallen further behind in the battle to win back frugal customers
charlotteobserver.com/news/business/article290552254.html
McDonald's sales fall globally for first time in more than 3 years: BENGALURU — McDonald's reported a surprise drop in sales worldwide on July 29 ...
asiaone.com/money/mcdonalds-sales-fall-globally-first-time-more-3-years
McDonald's makes menu change this week for the rest of summer: McDonald's is making the changes for the summer holidays
liverpoolecho.co.uk/whats-on/food-drink-news/mcdonalds-summer-deals-from-199-29632246
Americans keep turning their backs on McDonald’s: Food prices have continued to rise over the past year, but most of that increase has come from dining outside ...
dailyprogress.com/life-entertainment/nation-world/food-drink/americans-keep-turning-their-backs-on-mcdonald-s/article_932e03ee-f3d3-590d-8485-f75f38139706.html
Americans keep turning their backs on McDonald’s: Food prices have continued to rise over the past year, but most of that increase has come from dining outside ...
richmond.com/life-entertainment/nation-world/food-drink/americans-keep-turning-their-backs-on-mcdonald-s/article_482b5923-af6b-552d-ac34-4e3054a41255.html
McDonald's misses the mark as inflation weary consumers stay away: The fast food chain's U.S. and international sales declined during the second quarter
qz.com/mcdonalds-q2-2024-earnings-consumers-retail-inflation-1851607430
McDonald's brings back £3 Mix 'n' Match deal - but for a limited time: McDonald's confirmed that the '3 for £3' Mix 'n' Match offer will ...
plymouthherald.co.uk/whats-on/food-drink/mcdonalds-summer-deals-from-199-9443710
McDonald’s same-store sales fall for first time since pandemic as profits slide: McDonald’s warned in April that more of its inflation-weary customers were ...
expressandstar.com/news/world-news/2024/07/29/mcdonalds-same-store-sales-fall-for-first-time-since-pandemic-as-profits-slide/
McDonald’s (MCD) Sales Declined for First Time in Four Years: McDonald’s Corp. sales declined for the first time since 2020 in the second quarter ...
bloomberg.com/news/articles/2024-07-29/mcdonald-s-mcd-sales-declined-for-first-time-in-four-years
McDonald's three deals for the summer - starting from £1.99: McDonald's is bringing back its enviable ‘3 for £3’ Mix ‘n’ Match Menu just in time for the ...
bristolpost.co.uk/whats-on/food-drink/mcdonalds-summer-deals-from-199-9443447
McDonald's brings back 3 for £3 menu deal for summer: The Mix 'n' Match deal will be available from this week until the end of summer with customers ...
dailyrecord.co.uk/lifestyle/food-drink/mcdonalds-summer-deals-from-199-33347945
More articles on this subject
Previous
McDonald's admitted its prices are too high and have put off customers: McDonald's global comparable sales dropped 1%. CEO Chris Kempczinski said the company ...
businessinsider.com/mcdonalds-expensive-prices-too-high-fast-food-restaurant-falling-sales-2024-7
McDonald’s is still trying to win back customers: McDonald's saw global sales drop for the first time in three years in its most recent fiscal quarter.
star-telegram.com/news/business/article290546134.html
McDonald’s hit by first global sales drop since 2020: Fast-food chain’s chief says customers are more ‘discriminating’ after years of price rises
ft.com/content/f79bbcd4-856e-49ea-8659-e067c67e0109
McDonald’s sales fall globally for first time in over three years: McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ...
aljazeera.com/economy/2024/7/30/mcdonalds-sales-fall-globally-for-first-time-in-three-years
McDonald's sales fall worldwide for first time in four years: The fast food giant has been hit by weaker demand in recent months and boycotts over the war ...
news.sky.com/story/mcdonalds-sales-fall-worldwide-for-first-time-in-four-years-13187193
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McDonald's to 'rethink' prices after first sales fall since 2020: Sales at the fast food giant slip 1% as cost-conscious customers spend less.
bbc.com/news/articles/c728313zkrjo
McDonald’s same-store sales fall for the 1st time since the pandemic, profit slides 12%
chicagotribune.com/2024/07/29/mcdonalds-profit-slides-12-as-customer-spending-weakens-same-store-sales-fall-globally-for-the-first-time-since-2020-2/
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McDonald's sales fall globally for first time in more than three years: McDonald's reported a surprise drop in sales worldwide on Monday (Jul 29) ...
channelnewsasia.com/world/mcdonalds-sales-fall-globally-first-time-three-years-4512841
McDonald's posts drop in sales as Americans walk away from fast food giant: Inflation has caught up with the global restaurant franchise, as budget-conscious ...
9news.com.au/world/mcdonalds-posts-drop-in-sales-as-americans-walk-away-from-fast-food-giant/47286069-a0f5-4852-8726-3c15a2a5b3db
McDonald's earnings, revenue miss estimates as consumer pullback worsens: McDonald's stock has fallen 15% year to date, dragging its market value down to $181 ...
cnbc.com/2024/07/29/mcdonalds-mcd-q2-2024-earnings.html
McDonald's same-store sales fall for the 1st time since the pandemic, profit slides 12%
apnews.com/article/mcdonalds-second-quarter-earnings-b4cf6976a8688796b75404f178c5798b
McDonald's says $5 value meal sales are hot: McDonald's $5 "Meal Deal" appears to be bringing back bargain-hungry customers amid broadly higher post-pandemic ...
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Value meals are why McDonald's stock is soaring despite Q2 earnings miss: McDonald's turned in what looked like a weak earnings report. But investors liked what ...
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theguardian.com/us-news/article/2024/jul/30/mcdonalds-same-store-sales-fall-worldwide-for-first-time-since-2020
McDonald’s facing brutal aftermath of higher prices: The fast-food giant has fallen further behind in the battle to win back frugal customers
kentucky.com/news/business/article290552254.html
McDonald’s is still trying to win back customers: McDonald's saw global sales drop for the first time in three years in its most recent fiscal quarter.
miamiherald.com/news/business/article290546134.html
McDonald’s is still trying to win back customers: McDonald's saw global sales drop for the first time in three years in its most recent fiscal quarter.
charlotteobserver.com/news/business/article290546134.html
McDonald's Just Made Another Big Announcement, and the Secret Behind It Is Eye-Opening
inc.com/bill-murphy-jr/mcdonalds-5-meal-deal-low-margin-high-volume.html
McDonald’s facing brutal aftermath of higher prices: The fast-food giant has fallen further behind in the battle to win back frugal customers
star-telegram.com/news/business/article290552254.html
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charlotteobserver.com/news/business/article290552254.html
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asiaone.com/money/mcdonalds-sales-fall-globally-first-time-more-3-years
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McDonald's brings back £3 Mix 'n' Match deal - but for a limited time: McDonald's confirmed that the '3 for £3' Mix 'n' Match offer will ...
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