McDonald’s misses U.S. and global sales-growth targets as value push fails to lift demand

McDonald’s missed Wall Street estimates for quarterly U.S. comparable sales growth as value meal deals and limited-time offers failed to offset pressure from higher fuel and grocery costs. The report points to softer consumer demand among budget-strained diners and suggests a mild near-term headwind for U.S. restaurant traffic and same-store sales.

Analysis

McDonald’s missed Wall Street estimates for quarterly U.S. comparable sales growth as value meal deals and limited-time offers failed to offset pressure from higher fuel and grocery costs. The report points to softer consumer demand among budget-strained diners and suggests a mild near-term headwind for U.S. restaurant traffic and same-store sales.