McDonald's Mixed Q2 Results Boosted by Skye Anderson Promotion
Stock futures are rising on Tuesday as investors look to build on Monday's gains, following mixed results from fast-food giant McDonald's. The company reported a 0.8% increase in U.S. same-store sales for the second quarter, beating analysts' earnings estimates but missing on revenue.
McDonald's named Skye Anderson president of its U.S. business as it looks to accelerate domestic growth. CEO Chris Kempczinski said the company sees an opportunity to 'raise the bar' in the U.S. and accelerate performance in its largest market.