Lates News

Among the stocks that announced their financial reports on Thursday, the same-store sales of the chain fast-food enterprise McDonald's in the United States in the first quarter of this year dropped by 3.6% year-on-year, the largest quarterly decline since the second quarter of 2020, exceeding analysts' expectations. This is mainly due to the severe weather in many parts of the United States and weak economic prospects weakening consumer confidence and reducing spending on dining out by American people. In addition, same-store sales in several overseas markets of McDonald's also declined in the current quarter. Its stock price fell by 1.88% on Thursday.