McDonald's profits down

McDonald's has said that profits in the second quarter fell 2 cents a share as the fast food chain absorbed higher operating costs.

McDonald's profits down
Tue, 29 Jul, 2003 - 16:41

McDonald's has said that profits in the second quarter fell 2 cents a share as the fast food chain absorbed higher operating costs.

For the quarter, McDonald's said it made US$470.9m, or 37 cents a share, compared to US$497.5m, or 39 cents a share, a year ago.

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