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McDonald’s reports largest U.S. same-store sales decline since 2020 (www.cnbc.com)
submitted 1 year ago by MicroWave@lemmy.world to c/economics@lemmy.world
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McDonald’s on Thursday reported mixed quarterly results as its U.S. same-store sales fell for the second straight quarter, posting their largest domestic decline since the onset of the Covid pandemic.

McDonald’s U.S. same-store sales shrank 3.6% as the chain faced bad weather and a more cautious consumer. That drop is the worst in McDonald’s home market since the 8.7% plunge during the second quarter of 2020, when states imposed lockdowns to slow the spread of Covid.

Analysts surveyed by StreetAccount were expecting the company to report domestic same-store sales declines of 1.7% for the first quarter.

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[-] aesthelete@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

It's really important to have these kinds of abilities in order to have a functioning society as well. In the current situation, everything has to go perfectly for children to even have a mediocre upbringing. Their mom and their dad have to both be pretty well-educated and work jobs good enough to afford the increasingly out of control costs of living.

If a single parent has the ability with a mediocre job to fund a decent household, it makes it much easier to bear the usual societal ills such as one or the other parent not being dependable.

this post was submitted on 01 May 2025
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