McDonald's growth slows as visitor numbers decline despite discounts
- 1McDonald's stock has fallen 32% from its all-time high in February.
- 2McDonald's recent quarterly US same-store sales growth was 0.8%.
- 3CEO Chris Kempczinski announced a 10-year plan worth $8.5 billion.
So what's the key point?
McDonald's saw fewer customers visiting its stores even with discount promotions. Growth has slowed as the stock price dropped 32% from its peak in February.
Source Fortune · View original ↗
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