McDonald's profits fall on virus as consumer traffic shifts in upheaval

New York (AFP) – McDonald’s reported a drop in first-quarter profits Thursday in the wake of coronavirus restrictions as it moved to fortify vulnerable franchisees amid shifting consumer behavior.The fast food giant enjoyed comparable sales growth in all three of its operating regions through the month of February, but suffered a 22.2 percent plunge in global comparable sales in March following shelter-in-place orders and other restrictions.Executives said those trends were continuing in general through April, but the recovery would be dependent on the dynamics in individual markets, with the …

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