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McDonald's Store Traffic Falls Unexpectedly as Diners Grow Uneasy About Economy
McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners. The burger giant’s same-store sales, or sales at locations open at least a year, fell 1% globally in the January-March period.
The fast food giant said economic uncertainty sparked by tariffs is weighing on its customers and hurting in-store traffic.
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Low-income consumers already have been visiting the company's restaurants less, executives said Thursday, adding that traffic from both customer groups is down by nearly double digits.
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The tariffs sent stock markets tumbling—wiping out trillions of dollars in value—and have even rattled the usually stable U.S. bond markets. The S&P 500 has fallen 8 percent since Trump’s inauguration ...
Fast-food giant McDonald’s saw a bigger-than-expected drop in store traffic during the first quarter, as diners became more ...
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