Improving international sales helped McDonald’s overcome some weakness at home in the fourth quarter. McDonald’s same-store sales in the U.S., or sales at locations open at least a year, fell 1.4% in the October-December period after an E. coli outbreak tied to its Quarter Pounder hamburgers dented demand, the company said Monday.

McDonald’s (MCD) stock traded about 5% higher yesterday despite reporting a 1.4% year-over-year decline in fourth-quarter sales in the U.S.,

French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, but flagged a slight improvement in major markets China and the United States.

Gucci quarterly sales tumbled as Kering SA’s biggest label struggles to emerge from an extended demand downturn.

Coca-Cola posted better-than-expected revenue in the fourth quarter as its sales volumes rose in the U.S., China and elsewhere. Revenue for the Atlanta beverage giant rose 6% to $11.5 billion. That was better than the $10.

Online shopping giants Temu and Shein have seen a sustained drop in sales in the week after US President Donald Trump scrapped a duty exemption that their small parcels benefit from, suggesting a chilling effect on American consumers who previously flocked to their ultra-cheap wares.

Online shopping giants Temu and Shein have experienced a sustained decline in US sales following President Donald Trump’s announcement to revoke the duty-free exemption on small parcels under $800 from China.

Shein’s US sales fell 16 per cent to 41 per cent for five days from February 5 while Temu’s fell as much as 32 per cent.