McDonald's Q4 Results Come Up Short as US Comparable Sales Decline
1. MCD's Q4 EPS was $2.83, missing expectations of $2.87. 2. U.S. comparable sales declined 1.4%, worse than analysts' forecasts. 3. Global sales rose 0.4% despite U.S. setbacks related to E. coli. 4. Rising prices led to reduced consumer spending on fast food. 5. MCD is implementing value-centric deals to regain customers.