McDonald's slides as weak US growth leads to earnings miss - Business Insider

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McDonald's slides as weak US growth leads to earnings miss

traded as much as 3.3% lower on Tuesday after the company posted third-quarter profit and revenue that fell short of analyst estimates. $5.43 billion, compared to $5.48 billion expected by analysts$1.61 billion, versus $1.69 billion forecasted by analysts

While international sales rose, McDonalds struggled to grow its business in the US. Domestic same-store sales climbed 4.8%, slowing significantly from last quarter's 5.7% growth.

 

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