McDonald’s falls short, warns of tough year

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In this Jan. 20, 2012 photo, the McDonald’s logo and a Happy Meal box with french fries and a drink are posed at McDonald’s, in Springfield, Ill. McDonald’s Corp. reports quarterly earnings on Monday, July 22, 2013. AP

NEW YORK — McDonald’s Corp. reported a second-quarter profit that fell shy of expectations and warned of a tough year ahead.

The world’s biggest hamburger chain also said July sales are expected to be flat.

The company, based in Oak Brook, Illinois, says global sales edged up 1 percent at restaurants open at least a year in the quarter. The figure rose by the same amount in the U.S., where the company has been introducing new menu items such as chicken wraps and egg-white breakfast sandwiches

For the quarter, the company earned $1.4 billion, or $1.38 per share. That’s up from $1.35 billion, or $1.32 per share, a year ago.

Earnings were short of the $1.40 analysts expected.

Revenue rose to $7.08 billion, in line with expectations.

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  • Ornbort

    well, maybe if they started selling real food…

  • andresa igbac

    “fastfood” chains should really give consumers a healthier menu. yes, consumers have a choice not to patronize fastfood chains. but with them occupying much of the space around cities and even now rural areas, it’s really often hard to find better food alternatives.

    • Ornbort

      right. people with heart conditions or who want to prevent such have very few choices. most food stalls from low to high end have too much oil, salt, and MSG … healthy dining is expensive, it’s as if you have to be rich to find a place that serves brown rice….kung mga canteen mag serve lang ng brown rice, watch health problems disappear …

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