McDonald's US sales growth slows as value deals fail to draw enough diners

McDonald's US sales growth slows as value deals fail to draw enough diners  Reuters

A year after its Minecraft meal drove a 2.5% sales jump, McDonald's names a new U.S. chief amid a cautious-consumer slowdown,

McDonald’s on Tuesday missed U.S. sales growth expectations for the second quarter as consumers cut back restaurant spending due to economic worries and despite the burger giant’s value deals to draw lower-income diners.

The burger chain named a 26-year company veteran as president of its U.S. business as domestic traffic declined

The fast-food giant named a new president of its U.S. operations, aiming to bring “focus and urgency” to a revamp of its outlets.