McDonald's shares slip as US sales post steepest drop since 2020

  • McDonald's shares fell 1.2% on Thursday morning after the fast-food giant posted its biggest drop in US same-store sales since the height of the pandemic, as economic uncertainty continued to weigh on consumer spending. Comparable sales in the United States, the company's largest market, fell 3.6% in the first quarter ended March 31, well below analysts' expectations for a 0.98% decline.