Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

McDonald's Takes Good News to Go

Company's strong results can't offset cost of Latin American sale

By Wesley Oliver,  Newser Staff

Posted Jul 24, 2007 2:12 PM CDT

(Newser) – Despite strong global sales, McDonald’s reported a second-quarter loss today, which it attributed to its sale of Latin American franchises. The company lost $711.7 million, or 60 cents a share, but said its new offerings and value menu drew consumers, CNNMoney reports. Excluding...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

At London Olympics, World's Biggest ... McDonald's?

McDonald's on Its Fries: Like a Walk 'on Fresh Snow'

8 Horrifying Fast Food Ingredients

McDonald's Pushes for Humane McRib

Give Chipotle Same Respect as Apple


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment