NEW YORK — Budget-conscious diners continue to flock to McDonald’s, but investors are beginning to worry about the fast food giant’s declining profit margins and higher prices.
After the company reported that net income jumped 11 percent in the fourth quarter on Tuesday, CEO Jim Skinner said his company can perform well in any economy.
But Skinner also noted that the struggling global economy, volatile costs for ingredients and low consumer confidence present a challenge for the world’s biggest burger chain.
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