businessinsider.com

McDonald's sales growth slows as Burger King and other rivals gain momentum

McDonald logoMcDonald
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Restaurant Brands International logoRestaurant Brands International
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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.

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