McDonald's first-quarter U.S. same-store sales fell 3.6%, the largest drop since 2020, driven by economic uncertainty impacting lower- and middle-income consumers. Global same-store sales declined 1%, missing expectations. McDonald's introduced a McValue menu and extended its $5 Meal Deal to boost traffic. Despite a 1% stock drop and revenue falling to $5.95 billion.
Read more at CNBCAd
Ad