McDonald's said its profit for the third quarter fell by a whopping 30% to $1.07 billion, missing analysts' estimates of $1.5 billion. The fast food chain has been struggling to retain customers amid competition from Chipotle and others.
Posted on October 21, 2014, at 5:13 p.m. ET
Contact businesspluginfeed at amy+ firstname.lastname@example.org.
Got a confidential tip? Submit it here.