McDonald's reported a surprise drop in sales worldwide on Monday (Jul 29), its first decline in 13 quarters, as deal-seeking consumers shy away from higher-priced menu items, including Big Macs. Persistent inflation has forced lower-income consumers to shift to more affordable food options at home. That ha
Yeah, my guess is that sales have been going up since then due to people gradually resuming their pre-pandemic habits.
Edit: Looks like I’m wrong. Their earnings returned to pre-pandemic levels almost immediately, back in 2020. Source. (But I think these might not be global earnings since the trend doesn’t match what the article says.)
Three years puts us back mid covid though
Yeah, my guess is that sales have been going up since then due to people gradually resuming their pre-pandemic habits.Edit: Looks like I’m wrong. Their earnings returned to pre-pandemic levels almost immediately, back in 2020. Source. (But I think these might not be global earnings since the trend doesn’t match what the article says.)