McDonald’s latest numbers show a mixed picture: U.S. same-store sales barely edged up 0.8%—a sharp slowdown from last year’s 2.5% gain—while global sales rose 1.3%. Rising gas prices and international headwinds have been cited as key factors. Despite revenue climbing to $7.1 billion (just shy of Wall Street’s $7.13 billion target) and earnings per share hitting $3.32 (up from $2.25 last year), inflation is squeezing consumers, especially those on tighter budgets. To lure customers back, McDonald’s rolled out a simplified McValue menu with 10 items under $3 and introduced more value meals. Meanwhile, Skye Anderson has stepped into the role of president of McDonald’s USA.
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