- McDonald’s Corp on Tuesday reported a broad drop in global same-store sales and missed profit expectations, as its restaurants were shut due to the COVID-19 pandemic, limiting operations to only drive-thru and delivery.Global same-store sales fell 23.9% in the second quarter, dragged down by big international markets including the United Kingdom, France and Latin America.In the United States, where the company operates more than a third of its restaurants, same-restaurant sales fell 8.
Restaurants struggled to cope with the changing dynamics and consumer behaviors around the health crisis, forcing them to simplify menus and shift largely to online and mobile orders for pickup, delivery and drive-thru. The company plans an advertising push in the second half of the year, having “amassed a sizeable marketing war chest,” Kempczinski said.
The company also expects to collect during the second half of the year the majority of rent it had deferred from franchisees.
The picture looks beautiful and reality is a disaster!
You can get this in the Czech Republic in the city of Prague in the MCD restaurant for 139 CZK (6.3 USD) They will never see me in that restaurant again!
The bankruptcy has already occurred, on Sunday I got this Fillet-O-Fish sandwich on MCD and really disaster half the cheese minimum sauce. I sent the photo to the headquarters and according to MCD the sandwich is fine! :-)
Disgusting excuse for nutrition. Only poor fat people eat McDonald’s
The first and last time I went to McDonald’s when this pandemic started, the cashier was handling both payments and food orders. No thank you.
Cooking their own delicious food at home these last months people have realized McDonalds 'food' does the term 'dog food' a disservice! MickeyD needs to join the ranks of the Permanently unemployed!
Surely they haven’t been predicting sales of burgers when they were shut were they?!?! It’s not like they were predicting a shift of some sales to online or anything!!!
McDonald's is the worst place to eat at.
Giant fast food companies like McDonald's can hold their breath till a vaccine is discovered,losses can be covered after pandemic recedes,this is not the case here anyway 😷
GOPLies GOPGenocide TrumpVirus GOPCorruptionOverCountry
Response: Covid and processors safety precautions.
Pretty sure they knew they were going to sell zero burgers when they closed all their branches...
Garbage carcinogenic food. Eat only in the case that starvation is pending.
Could suffer from fake food and poo screens..
I advise you not to eat from McDonald's
Expensive stock price too.
*Bigger* than expected? The world economy came to a halt what WERE they expecting hahaha
Great, there too many of them. Mom and pop places are better.
who really likes this bloody fucking .....I don't call it food
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