McDonald's posts surprise decline in global sales in first quarter

McDonald’s posted a surprise decline in first-quarter global sales on Thursday, as demand from cash-strapped diners in its key markets faltered on uncertainty sparked by chaotic tariffs.The company was navigating the “toughest of market conditions”, the company’s CEO Chris Kempczinski said, as global comparable sales fell 1%, while analysts on average had estimated a 0.95% rise.The disruptive nature of Donald Trump’s trade policy has worsened wallet pressures felt by lower-income customers in the US and Eur ...