A slowdown in the U.S. market couldn't stall positive global momentum for McDonald's (NYSE: MCD). That was the main takeaway from the fast-food titan's recent earnings report, which covered the selling period through late June.
To be sure, Mickey D's faced some major challenges in the period. Those included soaring costs and increased pressure on consumer spending from inflation. But the chain's report suggested that McDonald's might easily navigate through this volatile sales environment without sacrificing much in the way of investor returns.
Let's take a closer look.
Source Fool.com