CNN: McDonald’s sales tumbled 30% last quarter, but it’s optimistic about a turnaround

CNN: McDonald’s sales tumbled 30% last quarter, but it’s optimistic about a turnaround. “McDonald’s is having a rough year, as shown in another dismal quarterly earnings report — but there are signs of recent improvement. Total sales sank 30% in the second quarter compared to a year ago, McDonald’s announced Tuesday, falling to $3.77 billion. Net income plummeted 68% to $483.8 million. The figures reflect the April to June period, the first full quarter of coronavirus effects in the United States.”