McDonald’s same-store sales fall for first time since pandemic as profits slide

McDonald’s warned more of its inflation-weary customers were seeking better value (Yui Mok/PA)

McDonald’s posted weak sales in the second quarter as increasingly value-conscious consumers in the US and China paid fewer visits to restaurants.

Sales at locations open at least a year fell 1% worldwide across every company segment in the April-June period, the first decline since the final quarter of 2020 when the pandemic shuttered stores and millions stayed home.