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McDonald’s Sees Global Sales Decline for First Time in Over 3 Years

McDonald’s experienced its first global sales drop in over three years, with a 1% decline in comparable sales for the second quarter, contrary to analysts’ expectations of a 0.5% increase. CEO Chris Kempczinski attributed the downturn to inflation, which led consumers to choose more budget-friendly dining options over McDonald’s pricier items.

Despite a 1% rise in overall revenue, the company struggled with low consumer confidence and increased menu prices, particularly for popular items like the Big Mac, which deterred some customers.

Read more: McDonald’s Outlets in Sri Lanka Shut Down Due to Poor Hygiene Case

To address changing consumer habits, McDonald’s introduced a $5 meal deal in June, intending to attract budget-conscious diners. The promotion will continue through August as part of McDonald’s strategy to adapt to economic pressures and maintain market competitiveness.

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Syed Musa

Musa edits and optimizes multimedia content, carefully shaping each frame and detail to enhance its impact. His creative touch ensures that every video meets high standards of quality and effectiveness. His work gives Newsguru’s visuals a professional and polished look, transforming raw ideas into engaging stories that capture attention and leave a lasting impression.
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Syed Musa

Designation: Media Editor

Musa edits and optimizes multimedia content, carefully shaping each frame and detail to enhance its impact. His creative touch ensures that every video meets high standards of quality and effectiveness. His work gives Newsguru’s visuals a professional and polished look, transforming raw ideas into engaging stories that capture attention and leave a lasting impression.

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