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McDonald's Sales Dip Amid Rising Costs | Peoria News
McDonald’s latest numbers show a slowdown in U.S. same-store sales—just 0.8% growth, down from last year’s 2.5%, partly due to fading movie tie-ins—while global sales rose 1.3%. Despite economic headwinds like high gas prices and consumer caution, the company still posted a $2.36 billion profit. To adapt, McDonald’s rolled out a simplified, budget-friendly McValue menu with 10 items under $3. CEO Chris Kempczinski says there’s room to improve in the U.S., where they’re speeding up operations—and Skye Anderson is stepping in as president of McDonald’s USA. The stock edged up 1.6% pre-market as…
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