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
    • ArbitraryValue@sh.itjust.worksEnglish
      5·
      2 months ago

      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.)