Higher Menu Prices Lift McDonald’s U.S. Sales but Consumer Outlook Uncertain
McDonald’s
MCD 1.70%
Corp. said higher prices and value menu offerings helped U.S. sales in the second quarter, but total revenue fell and the outlook remains uncertain amid inflation and weakening consumer sentiment. “The operating environment across the competitive landscape remains challenging,” Chief Executive
Chris Kempczinski
said. Mr. Kempczinski said Tuesday that McDonald’s is planning for a wider range of scenarios given weakening…