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Economy12:27 PM ET

McDonald’s shares drop after CEO reveals lackluster growth forecast as inflation accelerates

"We expect industry traffic growth in our wholly owned markets will be flat, while inflation remains elevated," CEO Chris Kempczinski cautioned.

Republican Ledger staff · 12:27 PM ET

McDonald’s shares drop after CEO reveals lackluster growth forecast as inflation accelerates
The Republican Ledger

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"We expect industry traffic growth in our wholly owned markets will be flat, while inflation remains elevated," CEO Chris Kempczinski cautioned.

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