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McDonalds posts strong second quarter profit, names new chief of US operations

McDonald's posted a strong profit in its second quarter and named a new chief of U. S. operations with sales at home under pressure as many Americans grow more cautious about spending. McDonald’s said same-store sales, or sales at locations open at least a year, edged up 0. 8% in the U. S. That’s a sharp slowdown from the 2. 5% increase a year ago, when the company had a big win with a meal tied to “A Minecraft Movie. ” Global same-store sales rose 1. 3%. McDonald’s warned in May gas...

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