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Business

“The decline of McDonald’s: How the golden arches lost their shine”

“…McDonald’s shared that its sales had fallen by one per cent worldwide across every company segment from April to June. It might not sound like a lot, but this marks the first decline in sales that the fast food behemoth has seen… Continue Reading…

Business, Economy

“Why Americans are snubbing McDonald’s and Starbucks”

“…It’s not as if Americans have suddenly given up fast food or joined a cult of teetotalers. But after several years of rising prices, we’re seeking out deals where we can find them and splurging on the stuff we really… Continue Reading…

Business, Stocks

“McDonald’s earnings, revenue miss estimates as consumer pullback worsens” [Jul 29 2024]

“Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: The fast-food giant reported second-quarter net income of $2.02 billion, or $2.80 per share, down from $2.31 billion, or $3.15… Continue Reading…