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        <title><![CDATA[McDonald’s recovery heating up with most locations reopened]]></title>
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        <lastBuildDate>Tue, 16 Jun 2020 16:25:05 +0000</lastBuildDate>
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            <media:title type="html">McDonald’s recovery heating up with most locations reopened</media:title>
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        <content:encoded><![CDATA[<p>McDonald’s appears to be bouncing back from its coronavirus woes.</p><p>Share’s of the fast food giant were up nearly 2 percent in early trading on Tuesday after it reported that US sales in May were down just 5 percent — a significant improvement from April, when they plummeted 19.2 percent.</p><p>Global sales fell by 30 percent for the first quarter through May 31, the company said. But investors were heartened by signs of a recovery at the company, <strong>which has reopened</strong> nearly all of its restaurants except for those in malls.</p><p>“Our strong foundation and the unique advantages of the McDonald’s System, including a high percentage of drive-thru restaurants and investments in delivery and digital, have enabled us to adapt to the changing landscape presented by the COVID-19 outbreak,” CEO Chris Kempczinski said in a statement.</p><p>One area of weakness, however, <strong>has been breakfast</strong>, the company said. US diners are back to eating Big Macs but not Egg McMuffins because they are sticking to breakfast at home.</p><p>“Comparable sales and guest counts [in the US] remained negative, particularly the breakfast daypart,” the company said in a regulatory filing on Tuesday.</p>]]></content:encoded>
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