The results are in. McDonald’s latest earnings report sheds light on the growing divide among U.S. consumers—as the wealthiest Americans continue to spend and eat out—while lower income families are making less trips to the Golden Arches as they battle the rising cost of living, skyrocketing food prices, grocery inflation, and stagnate wages.
A look at McDonald’s third quarter earnings, released Tuesday after the closing bell, shows the fast food giant’s U.S. same-store sales increasing 2.5%, over the same period last year, (up 3.6% globally,)—but missing analyst expectations with adjusted earnings per share (EPS) coming in at $3.22, ten cents under expectations of $3.32, on $7.1 billion in revenue.
Shares in McDonald’s (MCD) were up nearly 3% in afternoon trading on Wednesday, at the ti

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