McDonald’s said higher U.S. sales in the first quarter helped it overcome weakness in the Middle East and other markets. Some consumers have been boycotting McDonald’s over its perceived support for Israel. The Chicago burger giant said its same-store sales rose 1.9% worldwide in the January-to-March period. That was slightly below Wall Street’s forecast of […]
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McDonald’s posts weaker-than-expected Q1 results
McDonald’s said higher U.S. sales in the first quarter helped it overcome weakness in the Middle East and other markets. Some consumers have been boycotting McDonald’s over its perceived support for Israel. The Chicago burger giant said its same-store sales rose 1.9% worldwide in the January-to-March period. That was slightly below Wall Street’s forecast of a 2.1% increase. In the U.S., same-store sales rose 2.5% as the company raised prices and saw higher demand for delivery.