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McDonald's tracks impact of inflation as exit from Russia hurts profits - AFR | Online Free Press release news distribution

McDonald's tracks impact of inflation as exit from Russia hurts profits - AFR | Online Free Press release news distribution
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From burgers to bleach, stressed consumers buy cheap

By Hilary Russ and Richa Naidu NEW YORK/LONDON (Reuters) - Some global consumers are showing signs of cracking, as shoppers stressed by record inflati...

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McDonald's Katie Beirne Fallon joins Fidelity Investments

McDonald's Katie Beirne Fallon joins Fidelity Investments
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From burgers to bleach, and Walmart to Adidas — consumers starting to tap out from high inflation

Some global consumers are showing signs of cracking, as shoppers stressed by record inflation stick to buying basics like food, bleach and cheap burgers, while those with bigger bank accounts are snapping up $3,000 Louis Vuitton handbags.

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McDonald's raises prices remains cautious consumer sentiment

McDonald's raises prices remains cautious consumer sentiment
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McDonald's tracking inflation impact as Russia exit hits profits

The US restaurant chain scored higher comparable sales in most major markets except China, where Covid-19 restrictions hit sales.

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McDonald's tracking inflation impact as Russia exit hits profits

McDonald's tracking inflation impact as Russia exit hits profits
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McDonald's reports lower Q2 sales, charges weigh down profit

McDonald's reports lower Q2 sales, charges weigh down profit
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McDonald's customers shrug off higher menu prices as revenue jumps

McDonald's customers shrug off higher menu prices as revenue jumps
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McDonald's customers shrug off higher menu prices as revenue jumps

Customers may also feel like they're getting a better value at a fast-food joint because they're spending so much more at the supermarket.

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