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McDonald's profit falls, U.S diners not 'lovin' it'
date:Apr 23, 2014
I/B/E/S.

First-quarter commodity costs in the United States were up roughly 3 percent, primarily due to higher protein costs.

We expect similar pressure in second quarter then easing throughout the second half of the year, Chief Financial Officer Pete Bensen said.

Wall Street analysts agreed that a U.S. turnaround will be slow in coming.

We continue to view McDonald's domestic business as hampered by a menu with far too many items on it, which is slowing average service times, Janney Capita

12/24 05:43