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Stock impact report

McDonald's Q1 global same-store sales tumble 3.4% amid COVID-19 [Yahoo! Finance News]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
A Quarter Pounder hamburger is served at a McDonald's restaurant on March 30, 2017 in Effingham, Illinois. Photo Illustration by Scott Olson/Getty Images)McDonald’s MCDHere were the main numbers forMcDonald’s first quarter"Following our strong performance in 2019, McDonald’s began 2020 with exceptional global momentum, and our January and February sales were reflective of that trend. Since then, the global crisis caused by the COVID-19 pandemic has significantly disrupted our business, and we continue to operate in a very challenging and unpredictable environment,” CEO Chris Kempczinski said in a statement.Total same-store sales increased by 7.2% in January and February but then sank 22.2% in March. In the U.S., McDonald’s same-store sales jumped 8.1% in the first two months of the year, but then the burger chain saw same-store sales tumble 13.4% in March.Meanwhile, same-store sales fell 34.7% in March in its international operated markets segment, which includes France, Italy and the Show less Read more
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