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Second quarter "black" for McDonald’s

Sales down, net profit drops 12%: all the blame of inflation

McDonald’s records the second quarter ended June 30, 2024 with a global decline in sales, the first since 2020, that is the first in 13 quarters. The data came as a surprise and, emphasizes the fast food giant, "reflects continued inflation, which has forced low-income consumers to opt for cheaper food options at home," he said. Here are the figures: global comparable sales decreased by 1%, "due t...

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EFA News - European Food Agency
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