NEW YORK (MarketWatch)
McDonald's Corp. said
Friday its third-quarter profit fell 3% to $1.46 billion, or $1.43 a share, from
$1.51 billion, or $1.45 a share, in the year-ago period
Currency translations
impacted the latest quarter's results by 8 cents a share
Revenue edged down
slightly to $7.15 billion from $7.17 billion
Wall Street analysts expected
McDonald's to earn $1.47 a share on sales of about $7.17 billion, according to a
survey by FactSet
Looking ahead, McDonald's said it expects revenue and profit
growth "to remain pressured" in the near-term
October's global comparable sales
are currently trending negative, the company said
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