Thursday, July 26, 2018

McDonald’s U.S. Sales Growth Slows as Fast-Food Rivals Muscle In

McDonald’s Corp. is feeling the heat from fast-food rivals in the U.S.

The world’s biggest restaurant chain by sales posted same-store growth in its home market that missed estimates in the second quarter, even as global growth continues at a steady clip. Slowing customer traffic in the U.S. offset positive comparable guest counts in all other regions, resulting in a global guest count drop of 0.3 percent.. . . more