McDonald’s: The First Step is Admitting You Have a Problem
October 21, 2014 at 12:29 PM EDT
McDonald’s (MCD) has a problem. Investors have known this for a while, and now it seems McDonald’s management does too. Associated Press McDonald’s reported a profit of $1.35 a share not including charges, missing forecasts for $1.37. Even worse–same-store sales in the U.S. and Europe slumped the most since 2003. Janney’s Mark Kalinowski and Ryan [...]