CNBC

McDonald's U.S. boss puts focus on 'value and affordability' as consumer spending splits

McDonald's U.S. President Joe Erlinger told operators the brand was "moving in the right direction" as it continues a more-than-yearlong push on value. This week McDonald's reported third-quarter U.S.
CNBC

McDonald's sales rise, but CEO expects low-income diners to spend less into next year

McDonald's earnings missed estimates, but the company's same-store sales rose 3.6%. The burger chain's U.S. same-store sales increased 2.4%, boosted by growth in average check. CEO Chris Kempczinski ...