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McDonald’s Sending the largest domestic landings since the beginning of the covig pandemic on Thursday, the second straight quarter of the United States has dropped the same store sales.
McDonald’s same store sales of the United States were 3.6%, as the chain faced bad weather and a more cautious consumer. This enemy was burdened in the second quarter of 2020 when the worst in McDonald’s home market was locked in the second quarter in the second quarter of 2020.
Analysts investigated by StreetAccount, expected to report 1.7% of the same store for the company’s first quarter.
In the United States, in general, the industrial traffic from low-income consumer cohort in the industrial consumer cohort in the United States, the previous year was twice as compared to the quarter. “Unlike a few months ago, the KSR traffic from medium-lucrative consumers is clearly reduced to expand the economic pressure of traffic.”
Compared to the industry peers, McDonald’s have lower and medium-income cantels. Although high-income consumers are still eating, the costs are not enough to replace other income cohortes.
In all markets, McDonald’s said that in a quarter of the same store sales, they suffered 1%, than last year’s leap day.
The company’s shares fell about 2% in the morning.
Here’s, that’s what The company reported According to the survey of analysts by LSEG, which Wall Street is for the first quarter compared to what Wall Street:
- Earnings on a share: $ 2.67 adjustable and expected $ 2.66
- Revenue: $ 5.96 billion is expected to $ 6.09 billion
The fast-food giant reported $ 1.87 billion in the first quarter or $ 2.60 per share, a year ago, $ 2.66 per share or $ 2.66 per share.
The charge of reconstruction and other items earned $ 2.67 per McDonald.
The net sales fell from 3% to $ 5.96 billion.
In February, CFO Ian Borden, the first quarter McDonald’s is a low point in the same store, partly in the United States, has developed pronounced prices for some consumers in the United States, the extensive tariffs of President Donald Trump.
In turn, McDonald’s, as a refund of dinner this year, said that this year, to return to the restaurant, said it was based on valuable dishes and noisy menu items, such as returning to their snacks.
A month in the second quarter, it seems like the strategy is working. New McCrispy Chicken strips have been sold well before starting the chain menu item. Moreover, according to Kempczinski, the video game Franchise Minecraft MINECRAFT, Blockbuster Closed dishes in time to release the film.
McDonald’s plans to maintain a $ 5 dining agreement for the rest of 2025.
Outside the United States, McDonald’s falls in the same store sales, Australia and France in international markets. There is about half of the largest international markets and revenues of McDonald in the segment. Analysts predicted the same store sales in the segment for the quarter.
“In most of our largest markets, we see a softening story with a difficult industrial environment and consumer,” Borden said the company’s savings call.
The company’s international development licensed markets section reported sales in the same store by 3.5%, 3.2% of narrower-beating analytical assessments. This segment includes Japan, China and Brazil.
On Thursday, McDonald’s reiterated the plans to open 2,200 seats and spending between $ 3.2 billion dollars between $ 3.2 billion. The company forecasts the opening of the network restaurant will increase the extensive sales increase in 2%.
– CNBC’s Robert Hum contributed to this report.
