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McDonald’s reports largest U.S. same-store sales decline since 2020

  • McDonald's reported a 3.6% decline in U.S. Same-store sales for the first quarter of 2025, marking its largest drop since 2020.
  • The decline followed economic uncertainty and reduced traffic from lower- and middle-income consumers, who cut back on fast food amid inflation concerns.
  • Despite initiatives such as expanding the U.S. McValue menu and promoting the $5 Meal Deal, McDonald's reported a 3% decline in revenue, totaling $5.95 billion, which fell short of analyst expectations.
  • Net income decreased 3% to $1.86 billion, though earnings per share of $2.67 beat projections by a penny, while CEO Kempczinski said the company can weather these challenges.
  • The sales slump highlights ongoing pressure on consumer spending, with McDonald's competitors also reporting weaker sales as economic uncertainty limits discretionary dining.
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CNBC broke the news in United States on Thursday, May 1, 2025.
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