McDonald’s has posted the biggest drop in US sales since the height of the Covid-19 pandemic five years ago as uncertainty caused by Donald Trump’s tariffs weighs heavily on consumer sentiment.
Same-store sales in its home market decreased by 3.6 per cent year on year in the quarter that ended in March, driven mainly by lower guest counts, the world’s biggest burger chain said as it released results on Thursday.
The fall in sales at restaurants open for at least a year came as consumer sentiment tumbled late in the quarter after the US president’s levies shook markets and prompted worries among Americans about their employment prospects.