McDonald's Q2 Global Comparable Sales Decreased 1% Reflecting Negative Comparable Sales Across All Segments
Portfolio Pulse from Benzinga Newsdesk
McDonald's Q2 global comparable sales decreased by 1%, reflecting negative comparable sales across all segments.
July 29, 2024 | 11:01 am
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McDonald's reported a 1% decrease in Q2 global comparable sales, with negative sales across all segments. This indicates potential challenges in maintaining sales growth.
The 1% decrease in global comparable sales and negative sales across all segments suggest that McDonald's is facing challenges in maintaining its sales growth. This could lead to short-term pressure on the stock price as investors react to the disappointing sales performance.
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