McDonald’s on Thursday reduced quarterly global sales and said it was navigating “the most difficult in the market situation.” It echoed the latest warnings of restaurant operators Domino’s Pizza, Chipotle Mexican Grill and Starbucks that Americans were spending less on dinner.
Cosmetics maker Esti LUD fear predicts a larger drop than expected in financial 2025, while motorbike producer Harley-Davidson joined companies’ spate this week to citing an indefinite macroeconomic environment.
Investors are concerned that the Trump administration’s tariff plans will stimulate resurgence in inflation and damage global economic growth, in turn preventable costs.
“It is very difficult for retailers to provide solid guidance and not to be a Serv Chest when they do not know what they can get in terms of inventories, especially from China,” said Art Hogen, Chief Market Strategist Art Hogan, Bel Wealth.
Asti LUD said that sales in the United States were mainly refused due to drowning in “consumer confidence and spirit”, which led to the level of inventory being elevated and moved on some retailers.
The first quarter of the US economy was contracted for the first time in three years, showed data on Wednesday, and consumer expenses – which holds more than two -thirds of the economy – rose 1.8% after a strong 4% pace in the fourth quarter.
The United States has contacted China, a social media department affiliated with Chinese state media on Thursday to talk on Trump’s 145% tariff, said Beijing’s openness is likely to negotiate.
Trump established a cleaning tariff in early April, released a wave of selling stocks around the world, and advised many companies to withdraw guidance or warn them about their performance in the coming months.
Fast-casual chain Shake CK on Thursday posted the first quarter of income, saying it was factoring at some level of pressure on high inflation consumer costs this year.
However, the results of card companies MasterCard and Visa indicate elasticity in customer costs.
“Visa and MasterCard data say that customers are doing well, but McDonald’s choice reports suggest that he is still a high -income shopkeeper who is training heavily,” said Brian Jacobson, Chief Economist of Annex Wealth Management.
“It is an unhealthy situation and breaks down to a breakdown to spend soon without tariffs.”
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