Reports Q1 revenue $5.96B, consensus $6.13B. Q1 global comparable sales decreased 1%. “McDonald’s (MCD) has a 70-year legacy of innovation, leadership, and proven agility, all of which give us confidence in our ability to navigate even the toughest of market conditions and gain market share,” said Chairman and CEO Chris Kempczinski. “Consumers today are grappling with uncertainty, but they can always count on McDonald’s for both exciting new menu items and delicious favorites for exceptional value, from a brand they love.”
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