McDonald's profit falls on weak U.S., European sales
date:Jul 23, 2014
from the United States, where sales at restaurants open at least 13 months fell 1.5 percent in the second quarter. Traffic remained depressed amid tough competition from a range of rivals, which include Wendy's Co, Burger King Worldwide Inc and privately held Chick-fil-A.

Analysts had expected McDonald's U.S. comparable sales to fall just 0.3 percent, according to research firm Consensus Metrix.

McDonald's results stood in sharp contrast to Chipotle Mexican Grill Inc, which on Monday reported
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