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McDonald's Business Is Under Historic Strain

TheMotleyFool

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McDonald's Business Is Under Historic StrainPhoto, wide shot, wide-angle lens, Specialty food store, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/7a8f69d5-c26e-46d9-b403-d3e5e9562eca.png

Investors had been bracing for some rough operating metrics in McDonald's (NYSE: MCD) first-quarter report, which included the start of stay-at-home orders across its biggest markets. The fast-food giant has been accumulating cash in response to the slump and in early April withdrew its 2020 financial targets.

This week, McDonald's revealed the scale of the challenge COVID-19 represents to its business. The novel coronavirus has sent customer traffic diving and forced sustained closures in about 25% of its global store base. Let's take a closer look.

Image source: Getty Images.

Source Fool.com

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