Business

McDonald’s profit slips; US sales decline

By Washington Examiner
Published July 22, 2014 4:41pm ET
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McDonald’s profit slips; US sales decline
FILE - In this July 11, 2013 photo, a taxi cab passes a McDonald's restaurant in New York's Times Square. McDonald's Corp. reports quarterly financial results before the market opens on Tuesday, July 22, 2014. (AP Photo/Mark Lennihan, File) | Mark Lennihan

OAK BROOK, Ill. (AP) — McDonald’s Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag.

The world’s biggest hamburger chain has been struggling to boost sales in its flagship market amid intensifying competition, changing eating habits and the persistent financial struggles of its lower-income customers.

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