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McDonald's first-quarter same-store sales unexpectedly fell 1% globally, missing Wall Street's forecast of a nearly 2% increase. The U.S. saw the steepest decline at 3.6%, its worst performance since 2020, attributed to flagging consumer confidence amid economic uncertainty. To counter this, McDonald's expanded its value menu and extended its $5 Meal Deal. Despite missing revenue and net income expectations, the company slightly beat earnings per share projections. McDonald's stock dipped slightly following the announcement.

Prepared by Christopher Adams and reviewed by editorial team.