McDonald's sales growth slows as Burger King and other rivals gain momentum
Peter Lauwers and other diners are looking beyond McDonald’s. The chain’s most recent quarterly sales growth slowed as rivals gained momentum, with Burger King posting faster US growth (8.5% vs 0.8%). McDonald’s CEO Chris Kempczinski said the company didn’t execute on its under-$3 value menu. Whopper sales rose 20% after a February relaunch.