From Yahoo Finance: 2025-05-01 14:00:00

Consumer spending is dropping as McDonald’s, Chipotle, and Starbucks report lower earnings. McDonald’s CFO Ian Borden attributes this to consumers visiting less. President Trump’s tariff policy has caused uncertainty among spenders, leading to high inflation expectations. Chipotle also sees a slowdown in consumer spending, with concerns about the economy affecting restaurant visits. Starbucks experiences a fifth consecutive quarter of falling US comparable store sales.



Read more at Yahoo Finance: McDonald’s joins Starbucks and Chipotle in traffic drop amid consumer ‘pressure’