McDonald’s improving global sales help to offset US weakness in fourth quarter

2 months ago

McDonald’s improving global sales help to offset US weakness in fourth quarter

Improving international sales helped McDonald’s overcome some weakness at home in the fourth quarter, but the company said it expects U.S. sales to pick up later this year. McDonald’s said its sales are continuing to recover from an E. coli outbreak last fall tied to its Quarter Pounder hamburgers. McDonald’s U.S. same-store sales, or sales at locations open at least a year, fell 1.4% in the fourth quarter. On a conference call with investors Monday, McDonald’s Chairman, President and CEO Chris Kempczinski said industry-wide fast food sales to low-income consumers were down double-digits in the U.S. in the October-December period.

Associated Press

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McDonald's admits 'strategic price increases' helped to boost profits in US restaurants (as $7.29 McMuffins and $8.39 Big Macs are now a grim reality) - and chain is going to get even MORE EXPENSIVE i

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After a bumpy end to a banner year, McDonald’s says sales growth will moderate in 2024

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McDonald’s pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations

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Adult Happy Meals, McRib, feed McDonald’s sales in Q4

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Adult Happy Meals, McRib, feed McDonald's sales in Q4

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McDonald’s Q3 sales boosted by higher prices, promotions

2 years, 5 months ago

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McDonald’s posts lower Q2 revenue, charges weigh down profit

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McDonald’s ends 2021 strong, but rising costs ding profit

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4 years, 2 months ago

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McDonald’s profit beats forecasts on global sales

6 years, 11 months ago

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7 years, 11 months ago

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The Independent

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McDonald’s sees return to growth after posting sales decline

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McDonald's says the number of US restaurants it has is shrinking

9 years, 9 months ago

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McDonald's rebuilds to halt stubborn decline in sales

9 years, 11 months ago

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The Independent

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9 years, 11 months ago

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