Most McDonald’s restaurants in the U.S. and China are now open for drive-thru and delivery, but global lockdown orders still took a bite out of the company’s first quarter sales. McDonald’s said today its sales fell 6 percent to US$4.71 billion in the January-March period. Through February, its same-store sales — or sales at stores open at least a year — were up 7.2 percent worldwide and 8.1 percent in the U.S. McDonald’s ended the quarter with same-store sales down 3.4 percent. In the U.S., drive-thru already made up two-thirds of McDonald’s sales before the pandemic.

Source: The Standard April 30, 2020 11:26 UTC