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via abcnews.go.comBusiness & Companies

Visits to US McDonald's locations fall in third quarter amid cost-of-living pressure

FROM THE WIRE · ABCNEWS.GO.COM

Traffic at U.S. McDonald’s restaurants fell during the third quarter as customers struggled with higher gas prices and the uncomfortably high cost of living

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLower restaurant traffic can signal weaker consumer spending and weigh on the company's stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Traffic at US McDonald's restaurants fell during the third quarter.
  2. 02Customers struggled with higher gas prices and the high cost of living.
  3. 03The data concerns visits to locations, not total revenue.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
McDonald's CorporationMCDStock263.04 USDMarket closedtoday -0.98%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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