Report
McDonald's US sales decline for first time in six quarters despite value push
Third-quarter revenue and adjusted earnings missed forecasts, even as global same-store sales beat expectations.
TLDR
McDonald's posted $7.16 billion in third-quarter revenue, below the $7.4 billion expected, and adjusted earnings of $3.57 a share, below the $3.67 forecast. Global same-store sales rose 1.5%, topping the 1.4% expected. US same-store sales fell 0.2%, a smaller decline than the 0.5% expected; the US sales drop was the first in six quarters despite a value push.
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