With more than 40,000 locations across the globe and thehighest salesout of any fast-food chain, McDonald’spersistent successis undeniable.
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But not all figures were positive for McDonald’s this past quarter.
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The company revealed during an earnings call with investors that customer traffic for the period had declined slightly.
PerCNBC, this was the first quarter of 2023 where McDonald’s saw a drop in traffic.
The reason for the decline?
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It all has to do with the lower-income McDonald’s customers.
“We are focused on maintaining our value leadership.