McDonald’s Names New US President After 0.8% Sales Growth Stalls
Earnings·1 article across 1 outlet·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
McDonald’s Corp. named a new US president to bring “focus and urgency” to its home market, after the fast-food chain posted its slowest growth in over a year. U.S. same-store sales growth slowed to 0.8% as consumers spent more cautiously, impacted by rising gas prices.
McDonald's
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“McDonald’s Corp. named a new US president to bring “focus and urgency” to its home market, after the fast-food chain posted its slowest growth in over a year.”
Bloomberg — McDonald’s Replaces US Boss After Slowest Growth in Over a Year“A year after its Minecraft meal drove a 2.5% sales jump, McDonald's names a new U.S. chief amid a cautious-consumer slowdown,”
Fortune — McDonald’s U.S. sales growth stalls to 0.8% as gas prices bite“The fast-food giant named a new president of its U.S. operations, aiming to bring “focus and urgency” to a revamp of its outlets.”
ny times — McDonald’s U.S. Sales Slow as Consumers Spend More Cautiously
SupportCorroborates it
“McDonald's posted mixed results as U.S. same-store sales growth slowed to 0.8% and traffic fell”
quartz — McDonald's posted mixed results as U.S. same-store sales growth slowed to 0.8% and traffic fell
Earlier versions
- Aug 4, 11:05 AM — McDonald's U.S. Sales Growth Slows to 0.8% Amid Consumer Caution (2/2)