McDonald's US Sales Decline for First Time in Six Quarters
McDonald's reported a bigger-than-expected US sales decline as financially stretched consumers cut back on dining out, despite the chain's value-meal push.
McDonald's NYSE:MCD reported a bigger-than-expected decline in US sales as financially stretched consumers cut back on dining out, extending a slowdown that has tested the burger chain's efforts to win back lower-income diners with value meals.Over the last two years, McDonald's has rolled out a se…