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Al Jazeera
Al Jazeera
Lifestyle

McDonald’s sales fall globally for first time in over three years

McDonald's restaurant signs in East Palestine, Ohio on February 9, 2023 [Gene J. Puskar/AP]

McDonald’s has reported its first drop in global sales in over three years as inflation-weary consumers seek out cheaper options and cut back on eating out.

McDonald’s worldwide sales fell 1 percent in the April-June period, the fast food giant said on Monday, the first drop since the last quarter of 2020, when the COVID-19 pandemic and government restrictions closed businesses and kept millions of people at home.

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