McDonald's said in early April that same-store sales fell 3.4% during the first three months of the year.McDonalds and other local stores remain shuttered due to COVID-19 at Times Square on April 13, 2020 in New York, NY.on Thursday said its first-quarter earnings fell 17% as the coronavirus pandemic led to restaurant closures and plunging sales.Here's what the company reported for the quarter ended March 31:The global fast-food chain reported fiscal first-quarter net income of $1.
In the United States, quarterly same-store sales were nearly flat after March same-store sales plunged 13.4%. The company has made tweaks to its U.S. menu, including pulling all-day breakfast, to simplify operations within restaurants. About 99% of U.S. restaurants are open, as of Thursday, but nearly all are operating drive-thru, delivery and takeout only.
Good. It might provide an opportunity for people to try some real food , bypassing this putrid, poisonous rubbish .
Hahaa is McDonald’s our main source of meat? How about we all realise McDonald’s is trash and invest in farming at its source.
YUM Brands say they are OK. It seems panic varies.
Why!? McDonald's doesnt use real meat anyway
The last time this happened to McDonalds was during Nixon’s wage and price controls. Beef became so rare, they bought their own herds of cattle. Another republican Roger Stone president. 🤔
GOOD TIME TO buy here for this company Mcdonald's i believe higher prices in stock is coming.
Reality check posted by the Big M. This is what most retailers and food operators are going to post. Q2 will be worse😱
But will they ever be able to serve edible fresh buns without plastic and Roundup within the ingredients wrapped around a hot burger and not the usual bone chilling cold? Will they ever serve food worth serving? Of course not. MacDonalds
Employees at McDonalds talk a lot when handling food. Spit accidentally spurting from the mouth of one employee when talking to someone made me think if it was really worth the risk
Trump will bail them out
Trump must have cut back on his Big Macs.
How many attempted downgrades before an upgrade do you have planned?
Bullish
As expected. No surprise here.
wait till 2q - going to be horrendous
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