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  • NEWS Desk Global

MCDONALD'S REVENUE GROWTH TO MODERATE AS MENU PRICES EASE


McDonald's (MCD.N) said on Thursday that revenue growth was expected to moderate in the second half of the year as signs of easing inflation prompt the burger giant to temper menu prices. Shares of the company were, however, up 1.5% in morning trading after the burger chain posted better-than-expected quarterly profit and sales as it continued to attract consumers to its outlets.

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