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Slowing Sales Shadow McDonald's Growth Across Markets
McDonald's second-quarter results show domestic sales at $6 billion for the first half of 1990, up 3.3 percent, while worldwide sales rise 7.2 percent to $8.9 billion. Analysts cite sluggish U.S. growth, price inflation since 1986, slow menu item rollout, and shifting consumer tastes as key factors impacting the chain's stock and future expansion.
MENTIONED IN THIS ARTICLE
Chicago
McDonald's
Orp
Haven
McDonald’s
Wall Street
Main Street
U.S
Oak Brook
Greenberg
Shoney's
Nashville
Ronald McDonald