McDonald’s revenue misses estimates as chain looks to accelerate U.S. growth

McDonald’s delivered mixed financial results for the second quarter ended June 30, with the company reporting net income of $2.36 billion, or $3.32 per share, compared with $2.25 billion, or $3.14 per share, in the prior-year period. On an adjusted basis excluding restructuring charges and other items, the company earned $3.38 per share. Net revenue increased 4% to $7.1 billion.
The company’s global same-store sales rose 1.3%, meeting expectations. However, performance in the U.S. m