Coronavirus Pandemic Causes McDonald’s Same-Store Sales to Plunge 22% Worldwide
The coronavirus pandemic that has closed restaurants worldwide slammed McDonald's (NYSE: MCD) in March, as the restaurant reported global same-store sales plummeted 22% for the month compared to the year-ago period.
While all of the fast-food giant's markets were affected, its stores in the U.S. actually held up the best, as comps were down just 13.4% for the month. That's likely due to their having the most developed system of drive-through windows, takeout service, and third-party delivery options.
Image source: McDonald's.
Source Fool.com