McDonald’s faces bumpy recovery; 2Q sales down 30%

Wednesday, July 29, 2020

A McDonald’s sign is displayed outside the fast food restaurant in Wheeling, Illinois, United States (US) McDonald’s says it will be requiring customers to wear face coverings when entering its U.S. restaurants as the number of new virus cases continue to surge in many states. The move announced on July 24 will be in effect on Aug. 1. — A McDonald’s sign is displayed outside the fast food restaurant in Wheeling, Illinois, United States (US). McDonald’s says it will be requiring customers to wear face coverings when entering its U.S. restaurants as the number of new virus cases continue to surge in many states. The move announced on July 24 will be in effect on Aug. 1.

BUSINESS did improve for McDonald’s throughout the second quarter as restrictions lifted across the globe, but the fast food giant faces a bumpy recovery.

Of the chain’s 39,000 restaurants worldwide, 96% are now open, compared with 75% at the start of the second quarter. Ccmparable-store sales that were down 39% in April were down only 12% by June.

The recovery is uneven, however. In some markets, like Australia and Japan, sales are already running ahead of 2019. In China, sales are down. In the U.S., McDonald’s put on the brakes, pausing the reopening of dining rooms in early July as coronavirus cases spiked

Last week, McDonald’s said it will delay dining room reopenings for at least another month, and will require face masks for anyone entering its restaurants.(AP)