US Sales Decline Amid Food Safety Incident
McDonald’s (MCD, Financials) reported mixed fourth-quarter 2024 results, with U.S. sales declining 1.4% due to an E. coli outbreak, while global comparable sales showed slight growth. Emphasizing value offers, food safety improvements, and digital development, CEO Chris Kempczinski recognized the setback but voiced hope for a 2025 return.With adjusted earnings per share of $2.83, the…