According to The Kobeissi Letter, US same-store sales at McDonald's ($MCD) dropped by 3.6% in Q1 2025, marking the steepest decline since 2020. This metric, which compares revenue from restaurants open at least 13 months, significantly underperformed analyst expectations. For traders, this sharp decline reflects persistent consumer weakness and could signal bearish momentum for $MCD shares, as disappointing sales growth often precedes further downside or increased volatility in related equities. Source: The Kobeissi Letter on Twitter, May 4, 2025.