McDonald's faces a drop in sales
- Decline in global sales:
- McDonald's $MCD+0.1% saw a 1% decline in quarterly comparable sales, the first decline in 13 quarters.
- Analysts had expected a 0.53% increase, but the reality fell short of expectations.
- Competitive Pressure:
- McDonald's $MCD+0.1% and other chains such as Domino's, Burger King, Wendy's and Starbucks introduced...
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It's still a great company, but I don't have it listed in my portfolio.