Reported about 5 hours ago
McDonald's reported a 2.5% increase in US same-store sales for the second consecutive quarter, surpassing Wall Street's expectations of 2.2%. This growth is attributed to the company's focus on value offerings, menu innovations, and effective marketing strategies. Despite the challenging economic environment, with inflation and a softening labor market, McDonald's remains optimistic about future sales growth, boosted by the return of popular items and promotional games.
Source: YAHOO