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Today, McDonald’s reported that U.S. comparable sales in March declined 13.4%, demonstrating the resiliency of fast food chains during the coronavirus pandemic.
Quick service restaurants, whose businesses rely heavily on take-out, delivery and drive-thru, are expected to fare better than their casual dining counterparts that depend on sit-in dining.
For the week ended March 29, fast food restaurants overall saw transactions decline 40% compared to the same period a year prior, for example, versus the 79% drop for full-service restaurants, according to analytics provider NPD Group.
Overall, comparable sales in the U.S.