McDonald’s Same-Store Sales Fall for 1st Time Since 2020 as Tapped-Out Customers Hold on to Cash

McDonald’s Same-Store Sales Fall for 1st Time Since 2020 as Tapped-Out Customers Hold on to Cash
The logo of McDonald's (MCD) in Los Angeles on April 22, 2016. Lucy Nicholson/Reuters
The Associated Press
Updated:
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They’re not lovin' it.

McDonald’s global same-stores fell for the first time in nearly four years in the second quarter as inflation-weary consumers skipped eating out or chose cheaper options. The company said it’s working on fixes, like meal deals and new menu items, but it expects same-store sales to be down for the next few quarters.