McDonald’s announces sales dropped due to Trump tariffs; X users issue supersized reality check

McDonald’s announced a sales drop in its first quarter earnings report, suggesting that it was “driven largely” by President Donald Trump’s tariffs.

“The burger chain’s same-store sales in the U.S. declined 3.6% in the first quarter, reflecting economic pressures weighing on low- and middle-income consumers in particular,” CBS News reported. “McDonald’s said on its earnings call. That marks the biggest U.S. decline for the company since the COVID-19 pandemic forced stores to close nationwide.”

McDonald’s CEO Chris Kempczinski said on a call that “we’re not immune to the volatility in the industry or the pressures that our consumers are facing.”

He noted that tariffs and other factors have created a “heightened anxiety” about the economy, though social media users had some thoughts about his claims made on the first quarter earnings call last week.

Kempczinski said that “geopolitical tensions added to the economic uncertainty and dampened consumer sentiment more than we expected.”

“We remain cautious about the overall health of the consumer,” he added.

“McDonald’s is also seeing worsening pullback in spending from low-income consumers, which is down nearly double digits versus a year ago,” CNN reported. “And, unlike a few months ago, spending from middle-income consumers also ‘fell nearly as much, a clear indication that the economic pressure on traffic has broadened.'”

But on social media, X users delivered a reality check over suggestions that Trump and his tariffs have created the sales drop McDonald’s is experiencing.

Frieda Powers

Comment

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.

Latest Articles