While McDonald’s reversed Q2’s US same-store sales decline, the …

The news: McDonald’s sharp focus on value paid off in Q3 as the company’s US restaurants grew 0.3%, reversing Q2’s same-store sales decline. While traffic to US restaurants was slightly …


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While McDonald’s Reversed Q2’s US Same-store Sales Decline, The …

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The news: McDonald’s sharp focus on value paid off in Q3 as the company’s US restaurants grew 0.3%, reversing Q2’s same-store sales decline. While traffic to US restaurants was slightly …

emarketer.com

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McDonald’s Misses Q2 Estimates As Same-store Sales Decline For

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Same-store sales fall by 1%. In the US, same-store sales fell by 0.7%, the first decline in 16 quarters, driven by decreased foot traffic but partially offset by higher menu prices.

msn.com

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McDonald's US Sales Rebound On Value Meals, But E. Coli Outbreak …

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Oct 29, 2024  · To reverse a slowdown in French sales, the company introduced a 4-euro ($4.32) Happy Meal deal in August. It’s also selling $1 coffee in Canada. McDonald’s same-store …

apnews.com

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McDonald’s Reverses U.S. Same-store Sales Declines In The Third …

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Oct 29, 2024  · The chain's global same-store sales fell 1.5%, a more drastic decline than the 0.6% that Wall Street was expecting, according to StreetAccount estimates, and was weighed …

nbcwashington.com

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McDonald's Misses Q2 Estimates Across The Board As Consumers …

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Jul 29, 2024  · In the US, same-store sales decreased 0.7%, driven by a drop in foot traffic. It's the first decline in US same-store sales in 16 quarters. That was partially offset by menu price …

yahoo.com

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McDonald’s Posts First Decline In US Comp Sales Since 2020

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Jul 29, 2024  · McDonald’s negative U.S. comparable sales marks the first time the chain’s same-store sales have been in the red since Q2 2020, when it posted a decline of 8.7%. “Beginning …

restaurantdive.com

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McDonald's Has A Value Problem; Q2 Same-store Sales Fall - MSN

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Driving the news: While McDonald's $5 meal deal began to pull some people back, fewer customers visited the company's U.S. restaurants in the second quarter than a year ago, …

msn.com

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McDonald’s US Sales Rebound On Value Meals, But E. Coli Outbreak …

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Oct 29, 2024  · McDonald’s same-store sales fell 1.5% companywide during the third quarter. That was worse than the 0.6% decline Wall Street was predicting, according to analysts polled by …

seattletimes.com

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McDonald’s Sales Fall As Tapped-out Customers Hold On To Cash

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Jul 29, 2024  · Sales at locations open at least a year fell 1% in the April-June period, the first decline since the final quarter of 2020, when the pandemic shuttered stores and millions …

latimes.com

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What Caused McDonald’s Sales Decline? - CULINARY COVERAGE

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This article delves into the details of the decline, the impact of the $5 Meal Deal, and the broader economic pressures influencing consumer behavior and sales. A Surprising Decline in …

culinarycoverage.com

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McDonald’s US Sales Rebound On Value Meals, But E ... - KRQE …

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Oct 29, 2024  · McDonald’s same-store sales fell 1.5% companywide during the third quarter. That was worse than the 0.6% decline Wall Street was predicting, according to analysts polled by …

krqe.com

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McDonald's E. Coli Outbreak Could Worsen Near-Term Sales Decline

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Oct 28, 2024  · McDonald's is expected to post a 0.72% drop in global same-store sales in the third quarter, while earnings per share is expected to be $3.20, according to estimates …

usnews.com

FAQs about While McDonald’s reversed Q2’s US same-store sales decline, the … Coupon?

Why did McDonald's sales fall in the second quarter?

They’re not lovin’ it. McDonald’s global same-stores sales fell for the first time in nearly four years in the second quarter as inflation-weary consumers skipped meals out or chose cheaper options. The company said it’s working on fixes, like meal deals and new menu items, but it expects same-store sales to be down for the next few quarters. ...

Why did McDonald's US same-store sales turn negative in the second quarter?

McDonald's (MCD) US same-store sales likely turned negative in the second quarter amid weak demand, with trend headwinds seen persisting in the near term, Morgan Stanley said Thursday. The fast-food heavyweight is scheduled to report second-quarter results July 29. ...

Why did same-store sales decline in the last quarter?

In the last quarter, other food and beverage giants- from Starbucks to KFC to Pizza Hut had reported shrinking same store sales as diners became increasingly driven by value. In the US, same-store sales fell by 0.7%, the first decline in 16 quarters, driven by decreased foot traffic but partially offset by higher menu prices. ...

Is McDonald's pulling back on marketing for a Q2 deal?

Some franchisees are pulling back on marketing for the deal, like video ads on the in-store screen or signage on the windows. McDonald's investors are setting a low bar for Q2 as consumers tighten their wallets. ...

Why did McDonald's sell a $5 value meal in July?

U.S. same-store sales — or sales at stores open at least a year — rose 0.3% in the July-September period, the company said Tuesday. McDonald’s launched a $5 value meal in late June after a disappointing second quarter, and it said the deal drew lower-income consumers back to McDonald’s and improved customers’ value perceptions. ...

Why did McDonald's sales fall 1% in April-June?

Sales at locations open at least a year fell 1% in the April-June period, the first decline since the final quarter of 2020, when the pandemic shuttered stores and millions stayed home. In the U.S., McDonald’s saw fewer customers but it said those who came spent more because of price increases. ...

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