McDonald’s comes roaring back as restrictions ease
UNDATED – The bounce back for McDonald’s as restrictions were lifted across the U.S. was so strong in the first quarter that the company surpassed sales during the same period even in 2019, long before the pandemic broadsided the country.
McDonald’s revenue jumped 9% to $5.1 billion for the January-March period, better than most had expected.
Last year at this time stores were closing globally and the world sheltered from spiking COVID-19 infections, so an improvement in sales during the same stretch this year was expected.
How easily it topped 2019′s first-quarter sales of $4.95 billion, however, was not.