McDonald's Global Sales Top Estimates as Affordable Meal Options Boost Demand
McDonald's global comparable sales beat Wall Street expectations for second quarter, as affordable meal bundles and promotions drew in budget-conscious diners looking to stretch their dollars amid persistent economic uncertainty.
Strong demand in the U.S. and international markets powered a 3.8% rise in global same-store sales, above expectations of a 2.4% rise, according to data compiled by LSEG.
Fast-food chains have seen competition heat up as companies such as McDonald's, Domino's Pizza and Taco Bell owner Yum Brands double...
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