McDonalds U.S. Sales Slump Eats Away Profits

McDonald's reported a 30% drop in profit for the third quarter, with US sales declining for the fourth consecutive quarter. The company faces challenges due to increased pricing and competition from fast-casual restaurants. Internationally, McDonald's struggles with issues in Asia and Russia, though Europe shows some resilience. The CEO acknowledges the difficulties and is working on improvements, but no quick fixes are expected. The stock has declined 4% over the past year.

What was the percentage drop in McDonald's profit in the third quarter?

• 20%

• 50%

• 30%

• 40%

Which factor is NOT mentioned as a reason for McDonald's struggles in the U.S. market?

• Reduced discounts

• Increased meal prices

• Higher commodity costs

• Lack of new menu items

Which type of restaurant is posing significant competition to McDonald's?

• Fine dining

• Fast-casual

• Buffet

• Street food

What scandal affected McDonald's sales in Asia?

• Environmental violation

• Labor strike

• Financial fraud

• Expired meat scandal

Which region accounts for 25% of McDonald's revenue?

• South America

• Asia Pacific, Middle East, and Africa

• North America

• Europe