2 Bright Spots in McDonald's Monthly Sales Trends
McDonald's (NYSE: MCD) is still struggling with weaker sales across most of its selling footprint as a result of the COVID-19 pandemic. Investors got a detailed look at the depth of that slump -- and the first official signs of a rebound -- on Tuesday when the fast-food giant revealed monthly revenue data for April and May.
The operating update showed that demand trends worsened significantly in the early weeks of the fiscal second quarter, which started on April 1. But there was more good news than bad news for investors in the announcement.
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Source Fool.com
