McDonald's growth cools as shoppers tighten budgets

1 min read
Source: Yahoo Finance
McDonald's growth cools as shoppers tighten budgets
Photo: Yahoo Finance
TL;DR Summary

McDonald's posted slower growth in Q2, with global same-store sales up 1.3% (US +0.8%), revenue of about $7.1B and adjusted EPS of $3.32, missing some estimates. Growth cooled as budget-conscious consumers remained under strain, with traffic pressures and the lapse of the Minecraft offering weighing on results. The company also named Skye Anderson president of McDonald's USA, as Joe Erlinger departs after more than two decades. Shares are down roughly 13% this year, and analysts view the September investor meeting as pivotal for long‑term growth through asset investments and menu innovation.

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