McDonald Corp. said revenue ticked down in the second quarter, dragged lower by fewer sales at its company-operated restaurants amid the closure of its locations in Russia and Ukraine.
The fast-food company posted a 3% drop in revenue to $5.72 billion, coming in under analyst projections of $5.8 billion, according to FactSet. Excluding currency effects, including the weaker euro, revenue would have increased 3%, McDonald’s said.
