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The Independent UK
The Independent UK
Business
Michelle Chapman

McDonald’s fights to win back customers with cheaper food and a new boss

McDonald's posted a strong profit in its second quarter Tuesday and named a new head of the U.S. market as many Americans grow more cautious about spending.

McDonald’s said same-store sales, or sales at locations open at least a year, edged up 0.8% in the U.S. It’s a sharp slowdown from a 2.5% increase a year ago, when the company had a big win with a meal tied to A Minecraft Movie. Global same-store sales rose 1.3%.

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