McDonald's reported worse-than-expected quarterly sales at established U.S. restaurants on Tuesday, becoming the latest chain hurt by menu price increases. The increases outpaced supermarket food costs, persuading consumers to save money by eating at home.
Shares in McDonald's decreased to 4.3 percent to $121.96 and pulled down most shares in the restaurant sector. The world's biggest fast-food chain experienced a total revenue decline of 3.5% to 6.27 billion dollars.
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