McDonald’s U.S. Sales Stabilize After Lockdown Caused Plunge
- Comparable sales dropped 5% in May after 19% slump in April
- Company reports deeper decline in international markets
Photographer: Daniel Acker/Bloomberg
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McDonald’s Corp.’s U.S. sales recovered much of their lost ground in May after a 19% slump in April, evidence that consumers tired of home cooking were eager to get back into the drive-thru lane.
The world’s biggest restaurant operator said that same-store sales -- a key gauge of success -- fell only 5.1% last month from a year earlier. The decline was deeper in international markets, but also showed improvement in May.