McDonald's reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales.
McDonald's reported U.S. same-store sales growth of 2.5%, missing expectations of 2.6%.
A month into the second quarter, McDonald's U.S. same-store sales are roughly flat, executives said.
McDonald's said the segment's same-store sales fell 0.2%, marking the first time since the pandemic that one of the chain's divisions reported a same-store sales decline.
McDonald's international operated markets segment, which includes Germany and the United Kingdom, reported same-store sales growth of 2.7%.
Persons:
McDonald's, Chris Kempczinski, Kempczinski, Ian Borden, we've, Borden
Organizations:
LSEG, U.S
Locations:
U.S, Israel, Japan, Latin America, Germany, United Kingdom