Businessscore 713·7 metrosupdated 3h ago

McDonald's Reports Strong Q2 Profit Amid Cautious Consumer Spending

McDonald's announced a profit of $2.36 billion for the second quarter, despite a slowdown in U.S. same-store sales growth. The company appointed Skye Anderson as the new president of McDonald's USA as it seeks to address declining sales amid rising consumer costs.

Where it's breaking

Los AngelesDetroitHampton RoadsBaltimorePhiladelphiaMiami–Ft. LauderdaleBoston

Local coverage

Sources cited

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