McDonald's profit falls on weak US, European sales
 "McDonald's profit falls on weak US, European sales")
Quarterly profit at McDonald's Corp fell more than expected after established restaurants in its struggling US division turned in a third straight quarterly sales decline and results from Europe also logged a surprise drop.
Second quarter net income fell almost 1 per cent to $1.39 billion, or $1.40 per share, missing analysts' average profit estimate by 4 cents per share, according to Thomson Reuters I/B/E/S.
Second quarter net income fell almost 1 per cent to $1.39 billion, or $1.40 per share, missing analysts' average profit estimate by 4 cents per share, according to Thomson Reuters I/B/E/S.