Posted on 05/01/2025 8:26:41 AM PDT by Diana in Wisconsin
McDonald’s sales dropped in the beginning of the year, marking the second consecutive quarter of declines as customers pull back their spending amid economic uncertainty.
In the United States, its largest market, same-store sales dropped 3.6% — the chain’s worst drop since 2020 during the height of the Covid pandemic when people were told to stay home.
Net income for the first quarter was $1.87 billion, a decline from $1.93 billion compared to the same period a year ago. However, McDonald’s notes that since last year had a Leap Day, or an extra day to make money, that slightly hurt its sales in 2025.
McDonald’s CEO Chris Kempczinski said in a release that consumers are “grappling with uncertainty,” but that he remains optimistic in the company’s “ability to navigate even the toughest of market conditions and gain market share.”
On a call with analysts, Kempczinski said “geopolitical tensions added to the economic uncertainty and dampened consumer sentiment more than we expected.” Visits to restaurants in its largest markets, including the US, fell more than predicted.
Although he expects McDonald’s to “outperform” its competitors, the chain isn’t “immune to the volatility in the industry or the pressures that our consumers are facing.”
McDonald’s is also seeing worsening pullback in spending from low-income consumers, which is down nearly double digits versus a year ago. And, unlike a few months ago, spending from middle-income consumers also “fell nearly as much, a clear indication that the economic pressure on traffic has broadened.”
The chain’s blunt assessment of the economic environment mirrors that of other companies, with Chipotle, Yum! Brands, Domino’s Pizza and Starbucks all recently reporting meager earnings results as consumer sentiment sinks.
(Excerpt) Read more at channel3000.com ...
kiosks are awkward
I finally figured out how to get the app tied in
“McD’s is not cheap anymore, so naturally low income consumers are disappearing.”
You hit the nail on the head!
What am I worried about again? Folks that thought this would be quick and easy are wrong. Fixing 50 years of the old crap ain’t gonna be quick or easy. Especially in 100 days.
XiNN.
Most fast food is awful. High priced and awful fast food is even more awful.
“kiosks are awkward
I finally figured out how to get the app tied in”
Capitulating and facilitating the Beast?
If I see a Kiosk I turn right around, walk back out, and go where they do not require it and I refuse to use apps because they are selling your private data. Your number, all your contacts, track you, Etc.
Fast Food is overpriced and is becoming more and more unpalatable.
It’s their own grave that they dug. Tough crap.
They should consider selling food, and perhaps do something to cover up the smell of piss and marijuana.
With the coupon I get 2 Big Mac
for about $5.40 ,- $5.80
Similar for Quarter Pounder with cheese
2 chicken (not McChicken) costs me about $4.60 at the cheapest McDonald’s.
Two days ago (with the app) I got free medium fries 🍟 and a McChicken for $2.27 total with tax.
The free fries is on the app with a $2 purchase. You just have to pick a McDonald’s that charges $2.08 for the McChicken and not $1.99, hehe
That’s exactly right.
Maybe just maybe….its too expensive, the portions shrank (2/3 fill for drinks and shakes) and really…there are lots of fast food options now, many ethnic foods
Yep, prices have skyrocketed higher than they should…all the fast food places took advantage of the Biden inflation imo…so…here we are…
“It said customers are getting nervous”
NO, your products are getting worse.
It’s when they come after me with 666 ..........
Of course I don’t think the Church is here for that.
Still, the system continues to grow.
Right now Amazon One is a primary tool and the hand scanners installed in college lunchrooms in various colleges
Conditioning......
I am with you Openurmind. I don’t participate in the 21st century. I have flip phone to make calls and ignore the other buttons.
(college lunchrooms in various colleges)
That was from The Department of Redundancy Department
Don’t tell DOGE that went spent money on a duplicate
I resisted using the McDonald’s app for a long time because I hate using apps but to its credit McDonald’s has a good deal every now and then and I pretty much can get a breakfast sandwich at my choice for $2 every day. I’ve been using that quite a bit.
We have their cousin Hardee’s here where I live and I love their breakfasts. You can get biscuits and gravy all day long.
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