MCD Nov. Global Comp Sales Down 2.2.%

MCD Nov. Global Comp Sales Down 2.2.%

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

In November, McDonald's global comparable sales fell by 2.2%, worse than the expected 1.7% decline. The US market saw a significant drop of 4.6% against an estimated 1.9% decline, while European sales also underperformed with a 2% drop. Currency effects are expected to reduce fourth-quarter earnings by 7 to 9 cents. McDonald's is struggling against fast casual competitors like Chipotle, despite efforts like introducing pumpkin spice lattes and accepting Amex points.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges is McDonald's facing in the market?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What promotional item is McDonald's rolling out to attract customers?

Evaluate responses using AI:

OFF