McDonald's Recovery From the Pandemic Has Officially Begun

More patrons are going out to eat now that lockdowns have lifted in several states, and restaurant chains are reaping the benefits. McDonald's (NYSE: MCD), the largest restaurant chain in the world, demonstrated this amply in the 2021 first quarter. McDonald's comps decreased as much as 24% year over year in the 2020 second quarter when dining rooms were closed, but that quickly improved to a 2% decrease in the third quarter, and a 1.5% decrease in the fourth quarter.