McDonald’s suffered a second consecutive fall in sales in the third quarter, as it struggled with weak consumer demand in international markets such as France, the UK, the Middle East and China.
The fast-food chain on Tuesday reported global comparable sales slid 1.5 per cent year on year, more than the 0.6 per cent decrease estimated in a Visible Alpha survey of analysts.
The decline was McDonald’s first back-to-back fall in sales since the Covid-19 pandemic in 2020, following a 1 per cent slide in the second quarter, as the chain fights to win back business from customers strained by years of food inflation, especially those from lower-income households.
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