McDonald's Stock Heads for Record Weekly Decline Amid Weak Sales Growth

McDonald's (MCD.US) stock is facing its longest streak of weekly declines in over two decades, with a potential eighth consecutive weekly drop. The global fast-food giant's shares have been under pressure due to weak same-store sales growth in the U.S., management's cautious outlook on the business, and capital expenditure pressures stemming from its recently unveiled $8.5 billion strategy.

The company's stock has fallen by about 24% year-to-date, with a cumulative decline of around 5% over the past five years. McDonald's shares have been steadily weakening, closely tied to the operating performance of its core U.S. market, where same-store sales growth has been lackluster.

The company's CEO Chris Kempczinski adopted a cautious stance on the business outlook, further dampening investor sentiment. The $8.5 billion 'NEXT' strategy aims to bolster the franchise system but has raised concerns among some investors about the company's ability to maintain profit margins and achieve its targets.